Coca-Cola Expands Costa Rica Operations with $100 Million Investment
The Coca-Cola Company plans to invest $100 million in Costa Rica over the next two years to enhance production capabilities and sustainability initiatives. The move marks a strategic expansion aimed at strengthening the beverage giant’s presence in Latin America.
Boosting Manufacturing and Sustainability
The investment will focus on upgrading Coca-Cola’s manufacturing facility in Liberia, Guanacaste, which specializes in producing concentrate for the company’s global beverage portfolio. Enhancements will include new technology, improved production efficiency, and sustainability initiatives to support the company’s long-term environmental goals.
Costa Rica plays a crucial role in Coca-Cola’s global supply chain, exporting beverage concentrate to over 25 countries. The latest investment follows Coca-Cola’s initial $50 million allocation when the Liberia plant was established in 2019. The expansion aims to meet increasing demand and ensure operational excellence.
Commitment to Sustainability
As part of Coca-Cola’s broader sustainability agenda, the funding will support initiatives to reduce water consumption, lower carbon emissions, and incorporate more renewable energy in operations. These efforts align with the company’s global commitments to environmental responsibility and carbon neutrality.
The Liberia facility currently employs over 130 people, and Coca-Cola’s expansion is expected to create additional job opportunities, contributing to economic growth in the region.
Strengthening Coca-Cola’s LATAM Presence
The decision to invest further in Costa Rica underscores the country’s strategic importance in Coca-Cola’s Latin American supply chain. With strong infrastructure, a skilled workforce, and government support for foreign investment, Costa Rica continues to be a key hub for the company’s regional operations.
Coca-Cola’s expansion in Liberia positions it to better serve both regional and global markets while reinforcing its long-term growth strategy in Latin America. As demand for sustainable and efficient production grows, the company’s investment is set to enhance its competitive edge in the FMCG sector.