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BRIEF-Coca-cola Amatil to remodel supply chain across Australia
February 21, 2017 / 9:56 PM / 10 months ago

BRIEF-Coca-cola Amatil to remodel supply chain across Australia

Feb 22 (Reuters) - Coca-cola Amatil Ltd:

* Would invest around $90 million over three years to remodel its supply chain across Australia

* Will make a $90 million investment at Richlands in Queensland.

* Investment will include a new glass production line and new dairy and juice production capacity.

* Will be closing our South Australian manufacturing facilities, principally at Thebarton, in 2019

* In addition to Richlands, other manufacturing activities would also shift to Kewdale in Western Australia, Moorabbin in Victoria, and Northmead in NSW

* Watkins said approximately 180 employees and contractors were affected by decision

* Closure of manufacturing facilities in South Australia will deliver a further $20 million in cost savings from 2020

* Also expected to be approximately $50 million of one-off costs associated with this program

* “Some permanent staff will be redeployed to other positions within company”

* “Coca-Cola Amatil will maintain a strong workforce and presence in south australia after 2019” Source text for Eikon: Further company coverage:

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