Coca-Cola closes 2 US plants and fires everyone – more could follow soon

Coca-Cola is at it again – closing two plants as management continues to try and find ways to save money.

And given all the threats Coke is facing – you can see why.

Incoming problems

Let’s leave aside the pressure from the Trump administration to change the Coke recipe, because that’s a distraction from the real problems Coke faces:

• The ongoing crackdown on SNAP soda purchases, already pushed in 12 states;
• FDA synthetic dye ban (impacts a lot of Fanta)

• Changing consumer preferences – demand for soda in general is falling as younger consumers opt for healthier options

Plants closing

• Coca-Cola closed its facility in American Canyon, California at the end of June at an estimated cost of 135 jobs lost.
• Then earlier this month, the distribution plant in Salinas, California was shuttered, with another 81 jobs lost.
  

Unfortunately, even these jobs lost could be just the tip of the iceberg as Coca-Cola works to streamline its footprint and boost efficiency wherever it can.

Do you know of any other Coke plants that could be closing soon? Leave a comment and share!

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