Swire Coca-Cola, USA Finalizes Refranchising from The Coca-Cola Company of Territories in Oregon

DRAPER, Utah--()--Swire Coca-Cola, USA announced today the completion of refranchising from The Coca-Cola Company of territories in Oregon, including the acquisition of four sales and distribution facilities and one production plant in the state. Swire Coca-Cola’s operation of the territories commenced April 29.

The agreement builds on Swire Coca-Cola’s growing footprint in the United States. The Utah-based company now operates in 13 western states. Prior to this purchase, Swire Coca-Cola had smaller territories in eastern Oregon. This deal increases Swire Coca-Cola’s workforce by more than 600 employees.

“Oregon’s economy continues to move forward and thrive,” said Ryan Deckert, Chair of the Oregon Business Association, “The expansion of manufacturing companies like Swire Coca-Cola and its 600 employees help fuel our state’s economic diversity and success.”

“The completion of this acquisition of territory in Oregon is the latest expansion of our company. Over the last 36 months our company will have almost quadrupled in size,” said Jack Pelo, CEO and President of Swire Coca-Cola, USA. “I am very proud of our team’s management of this growth, while ensuring our customer service standards remain among the best in our industry. Our future is bright and we look forward to providing the world’s most refreshing beverages to people across the West.”

Swire Coca-Cola, USA is a part of the beverages division for Swire Pacific Limited (HKSE: 00019/00087).

About Swire Coca-Cola, USA

At Swire Coca-Cola, USA we proudly create the magical feelings, special times and great taste of America's favorite beverages. Our commitment to excellence guides our actions with our employees, customers and communities. Swire Coca-Cola, USA produces, sells and distributes Coca-Cola and other beverages, including more than 300 brands across 13 states. The company’s territory includes parts of Arizona, California, Colorado, Idaho, Kansas, Nebraska, Nevada, New Mexico, Oregon, South Dakota, Utah, Washington and Wyoming. With over 6,000 employees and headquarters in Draper, Utah, Swire Coca-Cola, USA is a subsidiary of Swire Pacific Limited (HKSE: 00019/00087) (www.swirepacific.com) as part of its beverages division. For more information, visit us at: www.swirecc.com.

Contacts

Swire Coca-Cola, USA
Scarlett Foster-Moss, 385-248-7093
sfostermoss@swirecc.com

Release Summary

Swire Coca-Cola, USA Finalizes Refranchising from The Coca-Cola Company of Territories in Oregon

Contacts

Swire Coca-Cola, USA
Scarlett Foster-Moss, 385-248-7093
sfostermoss@swirecc.com