Type Public
(NASDAQ: COKE) Number of employees 6,800 | Industry beverage | |
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Key people J. Frank Harrison III (Chairman of the Board and CEO) Products non-alcoholic beverages Revenue $1.43 billion USD (2007) Net income $19.86 million USD (2007) Stock price COKE (NASDAQ) US$ 174.55 +1.14 (+0.66%)7 Mar, 4:00 PM GMT-5 - Disclaimer Headquarters Charlotte, North Carolina, United States CEO J. Frank Harrison III (1997–) Founded 1902, Greensboro, North Carolina, United States Subsidiaries CCBCC Operations LLC Profiles | ||
Coca-Cola Bottling Company Consolidated, headquartered in Charlotte, North Carolina, is the largest independent Coca-Cola bottler in the United States. It produces, markets, and distributes 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, Florida, Maryland, Ohio and the District of Columbia(DC) .
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Corporate history
In 1902, the company that later became Coca-Cola Bottling Company Consolidated was founded by the current chairman's great-grandfather, J. B. Harrison. That company was merged with other bottlers to form Coca-Cola Bottling Co. Consolidated in 1973. The company was incorporated in 1980, acquired Wometco in 1985, and acquired Sunbelt Coca-Cola in 1991.
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.
Community involvement
CCBCC sponsors local events and many community organizations, including the YMCA.