Coca-Cola Bottling Co. Consolidated produces, markets, and distributes nonalcoholic beverages, primarily products of The Coca-Cola Company. The company holds various agreements under which the company produces, distributes, and markets sparkling beverages of The Coca-Cola Company; still beverages of The Coca-Cola Company, such as POWERade, vitaminwater, Minute Maid Juices To Go and Dasani water products; and various other products, including Dr Pepper, Sundrop and Monster Energy products. Nonalcoholic beverage products that the company produces, markets, and distributes could be broken down into two categories, such as sparkling beverages – beverages with carbonation, including energy drinks; and still beverages – beverages without carbonation, including bottled water, tea, ready-to-drink coffee, enhanced water, juices and sports drinks. The company’s principal sparkling beverage is Coca-Cola. The company offers a range of flavors designed to meet the demands of its consumers. The main packaging materials for the company’s beverages are plastic bottles and aluminum cans. In addition, the company provides restaurants and other immediate consumption outlets with fountain or ‘post-mix’ products. The company holds various contracts with The Coca-Cola Company, which entitle the company to produce, market and distribute in the Legacy Territories (North Carolina, South Carolina, south Alabama, south Georgia, central Tennessee, western Virginia, and West Virginia) The Coca-Cola Company’s nonalcoholic beverages in bottles, cans and 5 gallon pressurized pre-mix containers. The company has similar arrangements with Dr Pepper Snapple Group, Inc. and other beverage companies for the Legacy Territories. For the Expansion Territories (distribution territories previously served by Coca-Cola Refreshments, Inc.), the company holds its rights to market and distribute The Coca-Cola Company’s nonalcoholic beverages under beverage agreements that do not include the right to produce such beverages. The company purchases concentrates from The Coca-Cola Company and produce, market and distribute its principal sparkling beverages in the Legacy Territories under two basic forms of beverage agreements with The Coca-Cola Company, such as beverage agreements that cover sparkling beverages bearing the trademark ‘Coca-Cola’ or ‘Coke’ (the ‘Coca-Cola Trademark Beverages’ and ‘Cola Beverage Agreements’); and beverage agreements that cover other sparkling beverages of The Coca-Cola Company (the ‘Allied Beverages’ and ‘Allied Beverage Agreements’ or collectively referred to as the ‘Cola and Allied Beverage Agreements’). The company is party to Cola Beverage Agreements and Allied Beverage Agreements for various specified Legacy Territories. The company also purchases as finished goods and distributes certain still beverages, such as sports drinks and juice drinks, from The Coca-Cola Company (or its designees or joint ventures); and produces, markets, and distributes Dasani water products, pursuant to the terms of marketing and distribution agreements applicable to the Legacy Territories (the ‘Still Beverage Agreements’). Markets The company holds bottling rights in the Legacy Territories and Expansion Territories from The Coca-Cola Company covering the majority of North Carolina, South Carolina and West Virginia; and portions of Alabama, Mississippi, Tennessee, Kentucky, Illinois, Indiana, Virginia, Pennsylvania, Maryland, Georgia and Florida. Customers The company’s products are sold and distributed directly to retail stores and other outlets, including food markets, institutional accounts and vending machine outlets. In 2015, the company’s major customers, Wal-Mart Stores, Inc. and Food Lion, LLC, accounted for approximately 22% and 7% of the company’s total bottle/can volume to retail customers, respectively. All of the company’s beverage sales are to customers in the United States. The company sells its products primarily in nonrefillable bottles and cans, in varying proportions from market to market. Suppliers The company purchases its plastic bottles (12-ounce, 16-ounce, 20-ounce, 24-ounce, half-liter, 1-liter, 1.25-liter, 2-liter, 253 ml, and 300 ml sizes) from manufacturing plants owned and operated by Southeastern Container and Western Container, two entities owned by various Coca-Cola bottlers, including the company. Seasonality Sales of the company’s products are seasonal with the highest sales volume occurring in the second and third quarters (year ended January 2016). The company has adequate production capacity to meet sales demand for sparkling and still beverages during these peak periods. History Coca-Cola Bottling Co. Consolidated was founded in 1902. The company was incorporated in 1980.
coca-cola bottling co consol
(COKE:Consolidated Issue Listed on NASDAQ Global Select )
4100 Coca-Cola Plaza
Charlotte, NC 28211
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