More investment, more jobs....in China.

HONG KONG (Reuters) - Coca-Cola Co, the world's largest soft drinks maker, said on Friday it will invest $2 billion in new plant and distribution infrastructure in the next three years in China.

The company would also speed up development to ensure products suit local taste, it said in a statement.

The $2 billion investment comes in addition to the $2.4 billion already committed to Huiyuan Juice Group, a company spokesman said.

Asset prices have come down amid the global financial crisis, which triggered concerns that the Coca-Cola's takeover bid for Huiyuan may not go through. Huiyuan's share price, which edged up 0.66 percent on Friday, was traded a quarter below Coca-Cola's offer of HK$12.2 per share.

But Huiyuan Juice, the country's top juice maker, said earlier this week it was not aware of any changes in Coca-Cola's bid for the company and said the U.S. company would be obliged to make the offer if pre-conditions were met.

If the bid is successful, it would be the largest acquisition of a Chinese firm by a foreign rival. The deal is pending Chinese government approval.

"Our commitment and confidence in China never wavers," Muhtar Kent, president and CEO of Coca-Cola, said in the statement.

The company's largest innovation and technology center in Asia was opened in Shanghai on Friday. The $90 million center was part of a three-year investment plan in China, it added.

Thanks for telling me about that

A coke and a Chinese smile looks like this
-_-

I can see the huge profits the Coca Cola company will be making with this investment. They will save on slave labor factory worker pay wages and sell the product for a thousand percent profit. They are going to double their sales for sure if they put factories over there. What do you expect? Corporations will continue to find ways to make the most out of their money.

If it is right, well that is for you to determine.

In the meantime I will pop open a coke and think about buying some coke stocks

China and not the U.S.?

No more Coke for me.

I don't like Coke anyway

It's probably easier to make coke for distribution to the Chinese people than it is to ship it from the closest plant outside of China.

Why would one Boycott coke for making and selling it to the Chinese on Chinese soil, and defend the politicians actions of using US Mortgages as collateral on what we owe China.

lol I just never liked coke

i'm a dr pepper kinda girl

so what makes coke different from the auto makers or any other company who has outsourced . they get big tax breaks for it . if you wanna stop it they need to start being penalized for outsourceing.

hey...i just said i didn't like coke. nothing to do with China....just the taste lol

didnt mean to quote ya rose just reply sorry hit the wrong link lol .

or we could keep talking about how to patch the symptoms. that usually works.

brb AGAIN

i deserved that rose lol .

even though you quoted the wrong person

I do agree with you

lol thank you .

They aren't outsourcing. If they make Coke products there, it will be for Chinese consumption not exportation.

The reason I boycott Coke is because they donate Millions of Dollars to La Raza.

Here's some facts about coke.
On the web: http://www.coca-cola.com
Employees: 90,500
Employee growth: 27.5%

Coke is it -- it being the world's #1 soft-drink company. The Coca-Cola Company owns four of the top five soft-drink brands (Coca-Cola, Diet Coke, Fanta, and Sprite). Its other brands include Barq's, Minute Maid, POWERade, and Dasani water. In North America, it sells Groupe Danone's Evian. Coca-Cola sells brands from Dr Pepper Snapple Group (Crush, Dr Pepper, and Schweppes) outside Australia, Europe, and North America. The firm makes or licenses more than 500 drink products in more than 200 nations. Although it does no bottling itself, Coke owns 35% of Coca-Cola Enterprises (the #1 Coke bottler in the world); 32% of Mexico's bottler Coca-Cola FEMSA; and 23% of European bottler Coca-Cola Hellenic Bottling.

Key numbers for fiscal year ending December, 2007:
Sales: $28,857.0M
One year growth: 19.8%
Net income: $5,981.0M
Income growth: 17.7%

Officers:
Chairman: E. Neville Isdell
President, CEO, and Director: Muhtar Kent
EVP and CFO: Gary P. Fayard

of course they outsource. the labor is cheaper. they are a business and think about the cost not about Americans that need the jobs. It's natural

There is an essential difference between running a business and running a campaign.