ATLANTA (AP) -- Coca-Cola Co. Chairman and CEO Muhtar Kent said Thursday that the company and its bottlers would spend more than $5 billion in Mexico over the next five years.
Kent spoke at the opening of new plant for juice company Jugos del Valle plant in Tepotzotlan, Mexico.
He said Atlanta-based Coca-Cola and its bottlers would spend the money to develop infrastructure, technology, social and environmental programs, marketing, on training and products "with special emphasis on job protection and family economies."
The company said Coca-Cola Mexico and its Mexican Coca-Cola bottlers have spent more than $200 million on the Jugos del Valle operation.
