Coca-Cola and Bottlers Plan $10 Billion U.S. Investment by 2030

Coca-Cola and its bottling partners plan to invest about $10 billion in U.S. infrastructure from 2026 through 2030, including new and expanded production, distribution and office facilities. The figure is system-wide and largely reflects spending by the company’s 61 independent bottling partners, rather than Coca-Cola’s own projected 2026 capital expenditures of roughly $2.2 billion. Previously announced projects include facilities and expansions in states such as Alabama, California, Colorado, Indiana, Michigan and New York, though plans for Coca-Cola’s home state of Georgia remain unclear. The company said its U.S. system contributed $85 billion to the economy, supported nearly 1 million jobs and spent about $37 billion with American suppliers in 2025. CFO John Murphy characterized the investments as a growth strategy rather than a response to tariffs, while Coca-Cola’s latest quarterly earnings also surpassed Wall Street expectations.