Coca-Cola to build $650 million Fairlife processing plant

Webster, New York. — The Coca-Cola Company chose a location in Webster, New York to build a $650 million factory that will process Fairlife branded dairy products. The company plans to break ground in the fall, with the factory expected to be operational by the fourth quarter of 2025.

“Consumer demand for Fairlife products is at an all-time high, and our new production facility will significantly increase our production capacity, allowing us to reach even more locations across the country,” said Tim Doleman, CEO of Fairlife. We will be able to provide families with Fair Life products.” “As we continue to grow in the Northeast, Webster’s proximity to and access to best-in-class dairy farms makes it the perfect location to support our next phase of growth in the region and beyond. increase.”

Founded in 2012, Fairlife has developed a line of products made with ultra-filtered milk processing that removes lactose and most sugars, leaving more protein and calcium. The company offers a variety of products marketed under the fairlife, Core Power and fairlife Nutrition Plan brands. The Coca-Cola Company acquired the company in 2020.

During an April 24 conference call with securities analysts discussing Coca-Cola’s first quarter results, Chairman and CEO James Robert B. It said it had eight consecutive quarters of double-digit volume growth and reached $1 billion in sales. In 2022.

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