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Coca-Cola investing $63 million to expand output

MANILA, Philippines Coca-Cola Beverages Philippines Inc. (CCBPI) is investing at least $63 million to expand its production capacity mainly in Luzon this year. CCBPI president and chief executive officer Gareth McGeown said in an online briefing yesterday the firm has set aside an initial $63 million investment for this year to increase capacity, particularly in Luzon after focusing in Mindanao last year. “For 2021, we are going to invest in.

Beverage firm remains optimistic in Mindanao

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