Coca-Cola Co. plans to invest $10 billion in U.S. infrastructure from 2026 through 2030, expanding its production and distribution network with new or expanded production, distribution and office facilities in California, Colorado, Indiana, Alabama, Michigan, Minnesota, Florida and New York. The $10 billion figure covers the broader Coca-Cola system rather than the company's own capital spending, with the lion's share representing plans by its bottling partners to invest at the local level in manufacturing, distribution and sales, Coca-Cola President and CFO John Murphy told Fortune. Murphy said the investment is a growth strategy rather than a response to tariffs, noting the Coca-Cola system already keeps 98 cents of every dollar spent on its beverages within the U.S. economy. The announcement follows second-quarter revenue of $13.4 billion, up 7% year over year, adjusted earnings of 97 cents per share, and a raised full-year comparable EPS growth forecast of 9% to 10%, up from 8% to 9%, with organic revenue growth seen at about 5%. Coca-Cola said its U.S. system contributed $85 billion to U.S. gross domestic product in 2025, supported nearly 1 million jobs and spent approximately $37 billion with American suppliers, figures from an independent study commissioned by the company.
The Coca-Cola CompanyCoca-Cola plans $10 billion in U.S. infrastructure investment through 2030, expanding production and distribution.
