Coca-Cola and its US bottling partners plan to invest $10 billion in new and expanded production, distribution and office facilities from 2026 through 2030.
The system-wide commitment includes projects already announced in Rancho Cucamonga, California; Colorado Springs, Colorado; Indianapolis, Indiana; Birmingham, Alabama; Coopersville, Michigan; St. Cloud, Minnesota; Orlando, Florida; and Webster, New York.
The headline number is not Coca-Cola’s own capital budget. The company operates an asset-light model in the US, with independent bottlers funding much of the manufacturing, distribution and delivery infrastructure. CFO John Murphy told Fortune that the “lion’s share” of the $10 billion will come from bottling partners investing locally. Coca-Cola itself expects about $2.2 billion in capital spending for 2026.
The investment builds on a US network of more than 70 production facilities and hundreds of distribution centers. A company-commissioned study says Coca-Cola’s US operations contributed $85 billion to the economy in 2025, supported nearly 1 million jobs, and spent about $37 billion with domestic suppliers.
US beverage production is about 15% below its July 2023 peak, according to Federal Reserve data.
Not every bottler is expanding. PepsiCo, which we covered in July for consolidating its Frito-Lay and Pepsi truck networks, said September 16 it will end manufacturing and warehouse operations at a Pepsi Bottling Group plant in Cheverly, Maryland, cutting 143 jobs, though sales and delivery from the site continue.
The investment comes as Coca-Cola marks its 140th anniversary and expands a domestic network designed to keep production and distribution close to US consumers. The company-commissioned study says 98 cents of every dollar spent on its beverages stays in the US through local sourcing, employment, production and distribution.
