Coca-Cola to invest in Wakefield production plant
Coca-Cola Enterprises, an American nonalcoholic beverage producer, is geared up to invest in its soft drink production plant in Wakefield, the UK.
The transaction forms a part of the company's £52m investment initiative announced this year for its operations in the UK.
The proposed investment will be used in the installation of a new production line, which will produce contour Coca-Cola bottle in PET packaging.
This will also cover the installation of a combined heat and power system that is expected to lower 1,500 tons of CO2 annually.
Coca-Cola Enterprises managing director Simon Baldry said, "At Coca-Cola Enterprises we are proud to be a truly local business with 97 per cent of our products made at our six factories across Great Britain.
"Our latest funding pledge shows once again our desire to invest significantly in the most innovative and efficient technologies available. It forms an important part of our long-term strategy to continue to grow our business sustainably and make a positive contribution to the British economy."
Image: Coca-Cola set to invest in Wakefield production plant. Photo courtesy of tiverylucky/FreeDigitalPhotos.net.