Coke takes minority stake in organic juice maker Suja
The Times published an article August 9 saying that Coca-Cola provided $1.5 million to the GEBN, its website is registered in Coca-Cola’s name, and since 2008 Coca-Cola funded $4 million in research by two professors who founded GEBN in 2014.
“We’re currently in a $1.2-billion (investment) program between now and 2020 in the Philippines”.
But Suja-whose namesake juices include combinations like apple, kale and cucumber-has posted rapid growth since being launched in 2012 and its sales more than doubled last year by tapping into consumer’s thirst for more fresh and natural drinks. “And there’s really virtually no compelling evidence that that, in fact, is the cause”.
Singh said the amount of investment to be poured in the country by Coca-Cola over the next five years hopes to further support the robust economic growth of the Philippines.
“The investment in the Philippines is quite comparable, I would say, for growing big markets”, said Bozer. But more than just direct employment, what is important also is indirect employment.
Chesterman Company president Cy Chesterman said “right now, we’re going to keep going, you can see, we’re here, they’re working, they’re working hard”. That’s the beauty of our system.
Were it not for the physician and blogger Yoni Freedhoff, and an exposé in the New York Times, the public might still be in the dark about Coca-Colas covert effort to set up an academic-sounding institution devoted to energy balance. The obvious objective of that Global Energy Balance Network is to distract attention away from diabetes and other soda-related diseases and instead give the false impression that the calories from soda can simply be balanced away with physical activity.
The day after a fire destroys a Coca-Cola warehouse in Mitchell, many of its 30 employees returned to work as the company moves forward.
“The guys have been busting their backsides trying to get things back in order, get things started in terms of, setting up communications, getting product out, and trying to service our customers as best as we can”, Chesterman said.
The value of the damage wasn’t immediately clear.