Business News46d ago
Inside Coca-Cola’s secretive innovation labs: How the beverage giant wants to automate dirty soda and refreshersAIpositive
Coca-Cola is developing secretive innovation labs to automate production of its dirty soda and refresher drinks, aiming to cut costs and expand its beverage portfolio. The move is being adopted by its major restaurant partners like McDonald's and Wendy's to improve profit margins.
Impact: The automation initiative could lift Coca-Cola's earnings outlook and benefit its partner restaurants.
Not investment advice