MarketCoca-Cola Consolidated
Company Profile

Coca-Cola Consolidated

Coca-Cola Consolidated, Inc., headquartered in Charlotte, North Carolina, is the largest independent Coca-Cola bottler in the United States.

Corporate history
In 1902, the company that later became Coca-Cola Bottling Company Consolidated was founded by the current chairman's great-grandfather, J. B. Harrison. That company was merged with other bottlers to form Coca-Cola Bottling Co. Consolidated in 1973. acquired Wometco in 1985, and acquired Sunbelt Coca-Cola in 1991. ==Financials==
Financials
As of January 1, 2017, The Coca-Cola Company owns approximately 35% of the Company's total outstanding common stock, representing approximately 5% of the total voting power of the Company's combined Common Stock and Class B Common Stock. J. Frank Harrison III, the Chairman of the Board and the Chief Executive Officer of the Company, owns shares of Common Stock and Class B Common Stock representing approximately 86% of the total voting power of the Company's combined stock and Class B Common Stock. On November 5, 2025 it was announced that Coca-Cola Consolidated had repurchased all outstanding stock held by The Coca-Cola Company. The transaction was funded with a 364 day $1.2 billion from Wells Fargo. The Coca-Cola Company also relinquished its seat on the Coca-Cola Consolidated Board of Directors. Tax Incentives In June 2018, Kentucky governor Matt Bevin announced tax incentives of $3.5 million for Consolidated to expand in Erlanger. The incentives were part of a deal for Consolidated expansion in the area. ==Worker strike==
Worker strike
The company, some of which its locales are unionized by the Teamsters, has seen strike initiatives. ==Community involvement==
Community involvement
Coca-Cola Consolidated sponsors local events and many community organizations, including the YMCA. Since 2008, Coca-Cola Consolidated has partnered with the World Wildlife Fund (WWF) to promote sustainable water policies, including water reuse practices, to protect and restore aquatic diversity. Following the October 2015 North American storm complex Consolidated donated bottled water to flood victims. It also supports public school teachers in Arkansas. ==References==
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