Coca-Cola Bottling Co. Consolidated

Coca-Cola Bottling Co. Consolidated

Type	Public (NASDAQ: COKE)
Industry	beverage
Founded	Greensboro, North Carolina (1902)
Headquarters	Charlotte, North Carolina, U.S.
Key people	J. Frank Harrison, III (Chairman of the Board and CEO)
Products	non-alcoholic beverages
Revenue	$1.43 billion USD (2007)
Net income	$19.86 million USD (2007)
Employees	6800 (February 1, 2008)
Website	www.cokeconsolidated.com
References: Source: 2007 Annual Report[1]

Coca-Cola Bottling Co. Consolidated (NASDAQ: COKE), headquartered in Charlotte, North Carolina, is the largest independent Coca-Cola bottler in the United States, producing, marketing, and distributing nonalcoholic beverages—primarily licensed products of the Coca-Cola Company -- in North Carolina, South Carolina and West Virginia, and portions of Alabama, Mississippi, Tennessee, Kentucky, Virginia, Pennsylvania, Georgia, and Florida.^[1]

Corporate history

• 1902 - predecessor company founded by current chairman's great-grandfather, J. B. Harrison^[2]
• 1973 - merged with other bottlers to form Coca-Cola Bottling Co. Consolidated^[2]
• 1980 - incorporated^[1]
• 1985 - acquires Wometco^[2]
• 1991 - acquires Sunbelt Coca-Cola^[2]

Financials

While the Coca-Cola Company owns approximately 27.2% of the company's stock, the Harrison family beneficially owns shares representing about 91.8% of total shareholder voting power.^[1]

Community involvement

CCBCC sponsors local events and many community organizations including the YMCA.^[3]

References

1. ^ ^{a b c d} "Coca-Cola Bottling Co. Consolidated (Form 10-K)". 2008-03-13. http://www.sec.gov/Archives/edgar/data/317540/000095014408001899/g12161ke10vk.htm. 
2. ^ ^{a b c d} "about us". Archived from the original on 2008-06-17. http://web.archive.org/web/20080617193253/http://www.cokeconsolidated.com/about.htm. Retrieved 2008-06-28. 
3. ^ "Community Involvement". http://www.cokeconsolidated.com/stewardship.html. Retrieved 2010-05-08.