Coca-Cola Co. (NYSE:KO) plans to invest $10 billion in U.S. infrastructure from 2026 through 2030 as the beverage company expands its production and distribution network.
The investment will cover new or expanded production, distribution and office facilities across the country, including projects in California, Colorado, Indiana, Alabama, Michigan, Minnesota, Florida and New York, according to a company press release issued Tuesday.
Bottlers Funding Growth
The $10 billion figure covers the broader Coca-Cola system rather than the company’s own capital spending. Coca-Cola operates an asset-light model in which bottling partners fund plants, trucks and equipment used to manufacture and distribute beverages, while Coca-Cola invests in its brands.
“The lion’s share of the $10 billion represents the plans that our bottling partners have to continue to invest at the local level in manufacturing, in distribution, in sales and distribution,” Coca-Cola President and CFO John Murphy told Fortune.
Murphy said the investment is a growth strategy rather than a response to tariffs. He noted that the Coca-Cola system already keeps 98 cents of every dollar spent on its beverages within the U.S. economy.
Building On Momentum
The investment comes after Coca-Cola reported second-quarter revenue of $13.4 billion, up 7% year over year, while adjusted earnings reached 97 cents per share. The company also raised its full-year comparable EPS growth forecast to 9% to 10% up from its previous guidance of 8% to 9%, and its organic revenue outlook to about 5%.
Coca-Cola’s broader investment approach has also included international projects, including a planned $1 billion investment in South Africa through 2030, covering production capacity, distribution and innovation.
The company said its U.S. system contributed $85 billion to the U.S. gross domestic product in 2025, supported nearly 1 million jobs and spent approximately $37 billion with American suppliers. The figures came from an independent study commissioned by Coca-Cola.
Price Action
Coca-Cola shares closed at $88.71 Tuesday, down 0.12%. The stock dipped about 0.18% to $88.55 in premarket trading on Wednesday, as per Benzinga Pro.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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