NEW STUDY MEASURES THE COCA-COLA SYSTEM’S U.S. ECONOMIC IMPACT AT $57.8 BILLION IN 2022
Today, Arca Continental Coca-Cola Southwest Beverages (CCSWB), a company of Arca Continental and one of the largest Coca-Cola bottlers in the U.S., and The Coca-Cola Company announced the release of a new study that shows the Coca-Cola system, made up of independently owned bottlers that work with a network of manufacturers, suppliers and service workers, accounts for $57.8 billion in value-added economic activity to the U.S. economy.
The Coca-Cola system supports more than 854,000 jobs across the country in sectors like services, manufacturing, agriculture, trade and transport. This includes over 84,000 direct system jobs and 770,000 jobs that are supported across the value chain, meaning the system collectively supports nine additional jobs for every one it directly creates.
By making its beverages available to consumers nationwide, the Coca-Cola system has an economic impact in all 50 states. The study, conducted by global consultancy Steward Redqueen, shows that in total the system invested $27.8 billion in the U.S. economy through the purchase of goods and services fromAmerican suppliers.
“The Coca-Cola Company is, first and foremost, a homegrown U.S. business with a unique story of American resilience and transformation,” said Jennifer Mann, SVP and President of Coca-Cola North America. “Our operating model is what really allows us to have the impact that we do.”
“As a company of Arca Continental, Coca-Cola Southwest Beverages is deeply rooted in the local economies of the communities we serve,” said Jean Claude Tissot, President of CCSWB. “As the local bottler, our goal is to leave an enduring footprint in these areas, and we remain committed to continuing to drive positive change in the communities where we live and work.
CCSWB contributed $5.4 billion in economic activity in Texas alone. Across its territory, the company supports more than 92,000 jobs overall and employs more than 8,500 associates in the Coca-Cola system. CCSWB’s seven production plants and 37 distribution facilities serve more than 31 million consumers. Additionally, CCSWB has invested nearly $4 million in community programs, giving back through volunteerism, product donation and financial support. Its efforts directly support local communities through partnerships with theregional chapters of organizations such as Special Olympics, Boys and Girls Clubs, Keep America Beautiful and more.
About Coca-Cola Southwest Beverages
Dallas-based Coca-Cola Southwest Beverages (CCSWB), a company of Arca Continental, is one of the largest Coca-Cola bottlers in the United States. CCSWB produces, markets and distributes Coca-Cola brands throughout Texas and parts of New Mexico, Oklahoma and Arkansas. The company employs more than 8,000 associates who operate 7 production plants and 37 distribution facilities, serving more than 31 million consumers. Headquartered in Monterrey, Mexico, Arca Continental is one of the largest Coca-Cola bottlers in the world with an outstanding history spanning more than 91 years. Within its Coca-Cola franchise, Arca Continental serves a population of more than 118 million in the northern and western parts of Mexico as well as the northern region of Argentina, Ecuador, Peru and the Southwestern U.S. Arca Continental also produces and markets snacks under the brand names Wise in the U.S., Bokados in Mexico and Inalecsa in Ecuador. For more information about the companies, please visit www.cocacolaswb.com and www.arcacontal.com.
About The Coca-Cola Company
The Coca-Cola Company (NYSE: KO) is a total beverage company with products sold in more than 200 countries and territories. Our company’s purpose is to refresh the world and make a difference. We sell multiple billion-dollar brands across several beverage categories worldwide. Our portfolio of sparkling soft drink brands includes Coca-Cola, Sprite and Fanta. Our hydration, sports, coffee and tea brands include Dasani, smartwater, vitaminwater, Topo Chico, BODYARMOR, Powerade, Costa, Georgia, Gold Peak and Ayataka. Our nutrition, juice, dairy and plant-based beverage brands include Minute Maid, Simply, innocent, Del Valle, fairlife and AdeS. We’re constantly transforming our portfolio, from reducing sugar in our drinks to bringing innovative new products to market. We seek to positively impact people’s lives, communities and the planet through water replenishment, packaging recycling, sustainable sourcing practices and carbon emissions reductions across our value chain. Together with our bottling partners, we employ more than 700,000 people, helping bring economic opportunity to local communities worldwide. Learn more at www.coca-colacompany.com and follow us on Instagram, Facebook and LinkedIn.