Coke Goes Green, Lean and Mean

The Coca-Cola Co. plans to partner with United Resource Recovery Corp. (URRC) and spend $50 million to build the largest plastic-bottle-to-bottle recycling plant in the world.

The Atlanta-based beverage giant (NYSE: KO) said it has a goal of recycling or reusing 100 percent of its polyethylene terephthalate (PET) plastic bottles in the United States. The 30-acre facility will be built in Spartanburg, S.C., and will be fully operational in 2009 to produce some 100 million pounds of food-grade recycled PET annually, which is equal to 2 billion 20-ounce Coca-Cola bottles. Over the next decade, the plant will cut the production of 1 million metric tons of carbon dioxide emissions.

This via the Atlanta Business Chronicle

At the same time, more folks will be surging into the market place (though not quite as drastically as with the “bloodbath” at Earthlink last week), as Coke announces pending pink slips for 125 employess. More info on AJC, which tells us most of the 125 will be made up of Atlanta based employees.

I think we might need to put Coke on some meds to handle the manic swings.

2 Comments so far

  1. Mr. Coke (unregistered) on September 6th, 2007 @ 11:53 am

    How is Coke being manic? In no way shape or form does letting go of 125 people (i.e. 0.17% of its workforce) have anything to do with them starting a massive capital investment. Coke expects to make a return on any investment, be it a new plant, or 125 employees. Coke is not a charity.

    I’m guessing most people here could name .17% of their companies whose jobs wouldn’t be missed. :)

  2. Maigh (unregistered) on September 6th, 2007 @ 1:56 pm

    Easy tiger. It’s a tongue in cheek reference to the good and bad, yin and yang. Perhaps a reference to Ms. Garret would have better suited your delicate sensibilities…ya take the good ya take the bad? No?

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