A majority shareholder in Nigeria’s largest juice and dairy company, Chi Limited, Tropical General Investment (TGI) Group, on January 30, 2016 sold 40 percent of its stake to the Coca-Cola company. This deal signals Coca Cola’s plan to expand across Africa by 2020 and redouble its effort to expand beyond soda as its soda sales is low.
The Coca-Cola Co has deepened its presence in India's dairy market with the pilot launch of flavoured milk Vio.
Coca Cola is to open a manufacturing plant in the Gaza Strip within weeks, which will eventually provide more than 1,000 jobs in what is one of the world’s worst-hit unemployment hot spots.
Palestinian investors have plowed some $20 million to underpin the drinks giant’s first foray into the Strip.
Chicago Teamsters Approve Three-Year Agreement Including Management-Level Health Care Benefits, Annual Raises and Retroactivity12-01-2016
Teamsters Local 727 members voted by a 17-to-1 margin on Sunday, Jan. 10, to overwhelmingly ratify a new three-year contract with Coca-Cola Refreshments in Niles and Alsip, Ill. The agreement provides annual wage increases, retroactivity and improved health and welfare benefits for 319 Coca-Cola production and warehouse workers and transport drivers.
Teamsters Local 727 ended its unfair labor practice strike against Coca-Cola Refreshments late on Tuesday, Dec. 29, after reaching tentative agreement on a fair three-year contract for 319 production and warehouse workers.
On December 1 2015, Paraguay Refrescos SA, a Paraguayan subsidiary of Chile's Embotelladora Andina SA, the third largest Coca-Cola bottler in Latin America, presented a proposal to the workers whom deliver its products throughout the country daily. Workers have rejected this proposal and a few days before the outbreak of a possible strike, the union of drivers and sales assistants gave a final counter proposal.
The Food and Allied Workers Union (FAWU) salutes the 300 workers employed by Coca Cola Canners at Wadevile who are on strike that started on the 6th November 2015 at 06h00 in pursuit of agency shop agreement given that FAWU represent 78% of bargaining unit employees in the company. This strike follows an overwhelming majority yes vote following voting by a secret ballot.