Parramatta. Coke to invest $45 million

Coca-Cola Amatil plans to invest $45 million next year installing two new production units, at its Northmead plant, in the first stage of manufacturing lightweight plastic bottles in its eastern states plants and avoiding the cost of trucking in and storing 200 million bottles annually. This is a blow to Visy Industries, which acquired CC Amatil’s PET bottle manufacturing operations, in 2002, for $157 million, and is CC Amatil’s sole supplier of PET bottles in Australia, according to The Australian Financial Review.