Coca-Cola Company To Form National Product Supply Group - Quick Facts

(RTTNews) - The Coca-Cola Company (KO) announced the formation of a new National Product Supply System in the United States. Three existing independent producing bottlers, Coca-Cola Bottling Co. Consolidated, Coca-Cola Bottling Company United, and Swire Coca-Cola USA, as well as the company-owned Coca-Cola Refreshments along with Coca-Cola North America, will be members of the National Product Supply Group. The NPSG will administer key national product supply activities for these bottlers.

NPSS bottler will acquire certain production facilities from Coca-Cola Refreshments within their transitioning distribution territories. It is contemplated that Coca-Cola Refreshments will divest nine production facilities with an estimated net book value of $380 million.

Coca-Cola said the transition of these production facilities from CCR to NPSS bottlers is anticipated to take place between 2016 and 2018.