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.