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    Guess Where Coca-Cola Is Investing $4 Billion

    By Kenneth Rapoza | Forbes – Fri, Aug 19, 2011

    Who says American companies aren't investing? They are.  Billions, in fact. Only, they are just not investing here in the U.S.

    Atlanta based Coca-Cola (KO) plans to invest $4 billion in China, the company's CEO Muhtar Kent told reporters in Shanghai this week. It's the company's biggest planned investment in China since the 2009 investment of $2 billion. The investments will start next year and is part of the company's China capex until 2014.

    Kent said the company is even considering listing its shares on the Shanghai Stock Exchange, adding itself to the list of mainstream brands listing their depositary receipts on exchanges outside of their home base. Massachusetts luggage maker Samsonite opted to list in Hong Kong in the second quarter rather than do its initial public offering on the NYSE.  The new China investments will focus on innovation, infrastructure and expansion of its production capacity. The company now has six manufacturing centers in the country.

    "U.S. corporations are actually in good shape and a lot of that is due to emerging markets, particularly the BRIC countries," fund manager Paul Dietrich of Foxhall Capital Management in Orange, Conn told Forbes on Friday. The BRIC countries are Brazil, Russia, India and China.

    Low growth in the U.S. and Europe have essentially forced the hands of the big multinationals to look for growth elsewhere. "In this low growth environment, we will continue to see European and American multinational companies spending in countries far from home," says Martin Schulz, managing director of international equities at PNC Capital Advisors in Columbus, Ohio.

     
     
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    2,847 comments

    • jamar j
      jamar j  •  8 mths ago
      Thank god for those tax cuts. Otherwise they wouldn't be able to create jobs in China.
    • Guardian
      Guardian  •  9 mths ago
      I`ll not spend one dime on Coke-Cola from this day forth, count on it,
    • Citris
      Citris  •  9 mths ago
      With all this investment and growth China will soon be the largest economy on earth. I'm sure that they will abide by the golden rule: He who has the gold makes the rules.
    • Glen
      Glen  •  9 mths ago
      A few facts for a change: Coca-Cola is investing overseas because they've been making money at doing so since World War II. They've been in China since 1979. Coca-Cola built its first bottling plant in China in 1981. China is Coca-Cola's third-largest market after the United States and Mexico, and Coca-Cola has 60% of the Chinese soft drink market. The Chinese are currently buying 2 billion unit cases of Coca-Cola per year, which would be far too expensive to ship via container freight from the U.S. to China (not even counting inventory, damage, and overland transportation costs). Coca-Cola will use its investment to continue to take market share away from Chinese domestic soft drink manufacturers. Still want to boycott Coke?
    • Da'kine
      Da'kine  •  9 mths ago
      buy American! Support American companies that extract billions and billions of dollars from overseas markets and bring it home! Or support overseas companies that extract billions and billions of dollars from America and send it overseas.
      • Da'kine
        Da'kine 9 mths ago
        so the thumbs down is from foreigners or americans?
    • A Yahoo! User  •  9 mths ago
      Not gonna buy Coke EVER again, nor Pepsi, I hear they are doing the same type thing as Coke.
      • Da'kine
        Da'kine 9 mths ago
        Becca are you retarded? Uhhhh, if you stop buying coke how will they create jobs HERE and supports the one they already have going? Its people like you that force companies to expand their markets outside of their current ones. Then people that don't buy their products complain about "jobs going overseas"(even though these "jobs" don't actually effect anything in the USA). Its a vicious cycle that plays out in the liberal mind(not always in reality). I am sorry, what was the question.....
      • A Yahoo! User 9 mths ago
        Da'kine you don't make sense, and your statement that those jobs going overseas don't affect the USA, wellllll those jobs could be here instead... sighhh. I'm glad you're not a lib though lol.
    • Mark Curtis
      Mark Curtis  •  9 mths ago
      da wake up folks that just one they printed look at your labels,car parts motor cycle parts over half or more are made outside of the USA Its a shame it took a toxic product like COKE to wake ya up! Annd dont forget food comes from other countries
    • arcanum777
      arcanum777  •  9 mths ago
      ........well, the US market is 'soft-drinks' saturated so cocoa cola is using its 'tax-breaks money to open shop in china, instead of investing in other products manufacturing here in the US to create jobs. Chinas strategy is to lure businesses to its country of cheap laborers, and then eventually taxed them into 'nationalization'. China knows how to exploit capitalism, and naive greedy capitalists.
      • James
        James 9 mths ago
        Coke is expanding in China. That is to say it was/is already there. There are thousands of Coke employees in the U.S. at bottling locations throughout the US. You know who taught the Chinese to be "greedy capitalists?" The U.S. did.
      • Da'kine
        Da'kine 9 mths ago
        what "tax breaks money"? When did they get it? How much did they get?
    • cornelp
      cornelp  •  9 mths ago
      Good. Turn the skinny small little chinese people into giant obese ones, where the drug companies can make more and more money...
    • donald f
      donald f  •  9 mths ago
      no american, or christian ,should buy coke or cke products. and run them out of the u.s.they do not deserve amercans loyaity
      • Lois
        Lois 9 mths ago
        Donald.. I am an American.. I am a Christian and I buy Coke Products, but only because in China where people are becoming more financially able to buy products such as Coke... How smart is it to produce a product like cases of Soda and ship their to their destinations on the other side of the world. We need to be assured they are paying adequate taxes here in USA .. and you need to now who is advocating raising taxes on the wealthy and those kind of corporations.
      • donald f
        donald f 9 mths ago
        sounds like gibberish
      • donald f
        donald f 9 mths ago
        in reply to ur comment , i question u r christen, it wouldnt cost 4 billion, chia , isnt a christian nation, they abuse thier citzens, the citzens have no rights .no rights there. most of the 4 billion is going into crooked pockets, guess who,s. they dont pay taxes, compared to the average person. and this is just another way to write off taxes,. just like our goverment to help them , cause they to own our politians, and we have given away, and lost our rights big companies,like coke.they run our goverment, how smart is that.they they dont pay taxes, wont pay taxes, they jusy pay politians.
    • Marla Croy
      Marla Croy  •  9 mths ago
      I keep seeing coke bottles from the Mexico plants in the stores here. #$%$?? Lets unemploye our workers and buy goods from other countries, that makes perfect sence to me. F*@# Coke!
    • vonnieml
      vonnieml  •  9 mths ago
      No coke for this house either. Wow...4 Billion dollars in China. Americans are starving and jobless and Coca Cola Takes their money out of the country. I thought Coke was an American Company with American interests. The Dream and the Heritage. Crash and Burn.
    • Julie
      Julie  •  9 mths ago
      Looks like it's time for change... to Pepsi....
    • AZ Sandman
      AZ Sandman  •  9 mths ago
      No wonder I drink more Pepsi products. Coke leaves abad taste in my mouth.
    • Jim
      Jim  •  9 mths ago
      just a thought...Coke is an American company who is looking to invest 4 billion in china to produce an American product and make more money in another country, I can definatly understand that. But seeing how Coke is an Amercian Company, dont they care enough about American workers, that helped make them so big by buying their products. Why can Coke just invest their 4 billion into America by developing something new or getting into a new venture..so it helps American workers here so how Americans are the ones who helped make that company. Is that how coke thanks americans for buying their products?? They can Invest that money into something different here in the US to create jobs. WHY wouldnt they?? its all about the dollar and how much can be made at the cost of screwing the person who made you so big.
    • jtheat
      jtheat  •  9 mths ago
      I just switched to Pepsi...
    • Dediadreamer
      Dediadreamer  •  9 mths ago
      Boycott Coke products
    • Barbara
      Barbara  •  9 mths ago
      all americans should stop buying coke products they should be investing in u.s.a. instead of china and you wonder why we as american's are crashing and burning I myself will not buy one more coke product coke is unamerican!!!!!!
    • Al
      Al  •  9 mths ago
      Capitalism... a failure in more ways than meets the eye.
    • Connie
      Connie  •  9 mths ago
      And I will bet Coke didn't pay a dime in taxes on that $4 BILLION!! I will now stop buying Coke products!
     Post a comment
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