Coca-Cola Consolidated (COKE) said Thursday it invested $90 million in a 400,000-square-foot distribution and warehouse facility in Columbus, Ohio.
The investment also includes two additional 15,000-square-foot facilities to accommodate equipment repair and maintenance services, according to a statement.
The 60-acre campus houses learning and sales centers to help workers upskill seamlessly and subsequently enhance regional customer service quality, according to the company.
The warehouse can handle over 16 million cases of product annually, supported by the company's semi-automated technology for improved warehouse productivity and efficiency, the company said.
The company added that it hired 35 employees to support product distribution beyond Ohio to Kentucky and Indiana.
Shares were up 1.8% in recent trading.
Price: 1163.46, Change: +18.41, Percent Change: +1.61
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