Swire Coca-Cola, the Utah-based manufacturer and distributor, is canceling its plan to construct a 570,000-square-foot bottling plant at the northeast corner of Tower Road and Peña Boulevard near Denver International Airport.

Coca-Cola, a staple in American history since 1892, is closing several facilities despite reporting strong sales growth. This decision affects nearly 900 employees, raising questions about the reasons behind these closures.

"Coca-Cola is closing five production and distribution sites across the U.S., a move that will leave nearly 900 workers without jobs and mark one of the company’s largest waves of domestic layoffs in recent memory," the report stated. "The closures span California, Florida and Massachusetts."

Coca-Cola canceled plans for a new $500 million bottling facility near Denver Airport, seeking out other sites in the state.

In assessing financial risk, Coca-Cola performs slightly better than PepsiCo. Coca-Cola’s debt-to-equity ratio of 16% is more advantageous than PepsiCo’s 27%. Moreover, its cash-to-assets ratio of 14% surpasses PepsiCo’s 8%. In essence, Coca-Cola showcases a stronger debt profile while maintaining a more stable cash position.

Coca-Cola is scaling back its packaging sustainability goals, igniting outrage from environmental activists. The beverage company, which has long been criticized for being one of the world’s top ...

Coca-Cola is reviving its iconic “Share a Coke” campaign for the first time in over a decade. The Coca-Cola Company “Share a Coke will encourage this audience to tap into the nostalgia of ...

The Coca-Cola Company (NYSE: KO) is in a precarious situation right now. The soft drink giant's stock tends to trade in close alignment with the S&P 500 (SNPINDEX: ^GSPC) market index, but things ...

The announcement that a Coca-Cola distribution site in Salinas will close this summer could put 81 jobs in jeopardy, and now some of the discussion is focusing on what to do with a soon-to-be ...

Coca-Cola (KO) , which owns popular drink brands such as Diet Coke, Fanta, Sprite, and Dasani, has had a rough start to 2025. The company recently noticed an unexpected shift in customer behavior ...