Coca-Cola FEMSA invests in Brazil factory
The company will use the money to build two new production lines for soft drinks at the Mogi das Cruzes factory.
Coca-Cola FEMSA has invested more than 600m reais ($110m) in the expansion of its plant in Mogi das Cruzes, São Paulo state, in Brazil.
Coca-Cola FEMSA, the Coca-Cola franchise bottler by sales volume, plans to use the money to build two new production lines for soft drinks, according to a statement from the Mogi das Cruzes city hall.
The factory is already considered the company’s main and most strategic in Brazil, and the cash injection looks to generate new jobs and integrate the use of cutting-edge technology at the plant.
Construction will be completed between October and December, with operations due to begin on the two new production lines in January.
The latest expansion reinforces the company’s “commitment to efficiency, innovation, and sustainability”, the statement said.
In the same statement, supply chain director at Coca-Cola FEMSA, Mario Cesar Schafaschek said: “The Mogi facility plays a strategic role not only for our company but also within the Coca-Cola System in Brazil.
“We are very optimistic about the arrival of the new soft drink lines, featuring high-level technology that will bring great efficiency to the use of resources.”
He added: “This expansion reinforces our commitment to the sustainable development of the region, strengthening value generation for our partners, customers, and the local community.”
Just Drinks has contacted Coca-Cola FEMSA for additional comment.
Mayor of Mogi das Cruzes, Mara Bertaiolli said: “The industry will be revived, and Coca-Cola is back in Mogi. We’ll have a sustainable production format, generating jobs and income for our city.
“This is just the beginning of our partnership. Coca-Cola FEMSA trusts Mogi, and we will work together for the benefit of our population.”
The Coke bottler pointed to further investments in Brazil in its annual report for 2024, noting that it planned to install nine new production lines in total. Four of these were expected to launch in Brazil, as well as one in Mexico, two in Guatemala, and one in Costa Rica.
According to this most recent annual report, Coca-Cola FEMSA manages 11 plants and 49 distribution centres in Brazil.
In March, the group injected 22.41bn pesos ($45m) in its production plant in Calle Blancos in Costa Rica.
The money was expected to be used to add a new production line as well as increase the site’s production capacity, improve warehousing at the facility and “boost exports” to markets including Nicaragua and Panama, the Mexico-based bottler said in a statement at the time.
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