Major Coca-Cola Bottler to Spend $900M to Bolster Production, Distribution

One of the world's largest Coca-Cola bottlers plans to invest nearly $900 million in its operations this year, company officials announced Tuesday at its annual shareholders meeting.

Monterrey, Mexico-based Arca Continental said in a statement that the spending would help expand both its production and distribution capacity, as well as accelerate its use of "digital tools," strengthen its sustainable business model, and introduce "new beverage categories."

"We will continue our digital transformation and maintain the operational excellence that defines us, with a firm commitment to making a positive difference in every market we serve,” Arca CEO Arturo Gutiérrez Hernández said in a statement.

The company also announced its financial results for 2024, including a nearly 11% increase in net sales and a nearly 12% jump in net income. Last year also saw record volume in Mexico and "historic margin levels" in its U.S. operations, officials said.

Arca says it is the second-largest Coke bottler in Latin America and serves more than 125 million customers in northern and western Mexico and the southwestern U.S., along with markets in Ecuador, Peru and northern Argentina.