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MarketScreener Homepage  >  Equities  >  Australian Stock Exchange  >  Coca-Cola Amatil Limited    CCL   AU000000CCL2

COCA-COLA AMATIL LIMITED

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Coca Cola Amatil : Manufacturing boost as Premier officially opens one of Australias largest beverage making sites »

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10/02/2018 | 03:57am EDT

Coca-Cola Amatil Limited ABN 26 004 139 397

Media Release

MANUFACTURING BOOST AS PREMIER OFFICIALLY OPENS ONE OF

AUSTRALIA'S LARGEST BEVERAGE MAKING SITES

Richlands plant to make all Coca-Cola Amatil dairy and glass in Australia, and export Powerade and Barista Bros to NZ

2 October 2018

The Premier of Queensland, the Hon Annastacia Palaszczuk today officially opened a $165m expansion of the Coca-Cola Amatil bottling and warehouse facility in Richlands, with the new plant capable of producing more than 90 million unit cases of drinks each year for national and export markets.

The new Coca-Cola Amatil campusis the company's largest Australian manufacturing plant and willproduce an extensive range of sparkling and still beverages, juices, teas, alcohol and dairy drinks.

The site will be the exclusive Australian bottling and distribution centre forCoke's century-old "contour"glass bottles. It will alsomake all of Amatil's Australian dairy range, including all of Australia's BaristaBrothers drinks, and continue to export Barista Brothers and Powerade to New Zealand.

The expanded facility also includes a new state-of-the-art 30,000-square metre Distribution Centre, with capacity for 45,000 pallets. Benefits of the new Centre include lower operating costs, reduced materials handling and fewer local truck movements.

Premier Palaszczuk said the Coca-Cola Amatil campus demonstrated the strength of the Queensland economy, excellent transport and shipping links and cost-effective access to consumer markets.

"Queensland has gained an international reputation as a great place to do business which is why Coca-ColaAmatil has developed this $165 million vote of confidence in Queensland," the Premier said.

"Queensland has low operating costs, a skilled and adaptable workforce, the lowest payroll tax in thenation, generous research and development incentives, excellent transport infrastructure close to Asia and other export links, and a dynamic and stable economy which is expected to reach three per cent growth this financial year.

"The manufacturing giants such as Coca-Cola Amatil are recognising all that's great about Queensland and are attracted by what my Government is delivering to develop opportunities and grow the economy."

Group Managing Director of Coca-Cola Amatil, Ms Alison Watkins, said the company was proud to be a local manufacturer and distributor, and to have headquartered so much of its production in in Richlands.

"This sitewas selected after a nationwide review which identified that we needed to modernise and investto maintain competitiveness in the market," Ms Watkins said.

"Of all thelocations we looked at, Richlands offered the strongest combination of road and port access, efficiency in production, access to east-coast markets and room to grow. We also had great engagement with the Queensland Government, which was keen to support manufacturing investment and jobs.

"It's great to call this site home, and we'll be looking to grow local production even furtherover time."

The Richlands site represents a substantial increase in Coca-Cola Amatil's Australian Beverages bottlingcapacity, following recent encouraging signs in revenue and volume sales.

The sitealso includes the latest processing technology - a SAP Extended Warehouse Management (EWM) system.As a single integrated processing system, it increases visibility of operations and better matches supply with demand.

A new glass production line at the site has already been commissioned, with expanded dairy capability to come online by Q2 2019.

For further information:Patrick Low

Mobile: +61 447 121 838 Email:patrick.low@ccamatil.com

About Coca-Cola Amatil:Coca-Cola Amatil is one of the largest manufacturers and distributors of ready-to-drink non-alcohol and alcohol beverages, coffee and ready-to-eat food snacks in the Asia Pacific region. Coca-Cola Amatil is also the authorised manufacturer and distributor of The Coca-Cola Company's beverage brands in Australia, NewZealand, Fiji, Indonesia, Papua New Guinea and Samoa. Coca-Cola Amatil directly employs around 13,000 people and indirectly creates thousands more jobs across the supply chain, partnering with key suppliers to manufacture, package, sell and distribute its products. With access to more than 270 million potential consumers through more than 950,000 active customers Coca-Cola Amatil is committed to leading through innovation and building a sustainable future and delivering long-term value to shareholders.www.ccamatil.com

Disclaimer

CCA - Coca-Cola Amatil Ltd. published this content on 02 October 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 02 October 2018 07:56:02 UTC

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