May 25, 2021 (China Knowledge) - Beverages manufacturer Swire Coca-Cola has invested over RMB 150 mln in the eastern Chinese coastal city of Xiamen, Fujian Province, to tap on the market potential of the city.
Swire used the investment to construct its eighth production line and a new 13,000 sqm warehouse to increase its storage capacity.
The eighth production line commenced operations on Friday and can produce 54,000 bottles per hour, 3,000 per hour more than the other lines currently in use, and capable of producing a maximum of 1.3 mln bottles per day.
Billy Zhang, director and general manager of Swire, said that the investment was indicative of the company’s confidence regarding the market in Fujian Province.
|