Coca-Cola Embonor SA (EMBONOA), Chile’s second-largest Coca-Cola bottler, said it aims to invest $300 million in plant upgrades in the next two years.
The company will invest $105 million to boost production capacity this year, up from $99 million in 2012, the company said in a statement on its website. Investments will include additional refrigeration units and refundable bottles, the company said.
Soft drinks sales volume rose 6 percent in the first quarter, President Andres Vicuna said in the statement.
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