The Coca-Cola Company is a multinational beverage company incorporated under Delaware General Company Act [A] and headquartered in Atlanta, Georgia. The Coca-Cola Company has interests in the manufacture, retail and marketing of concentrated soft drinks, juices and alcoholic beverages. The company produces Coca-Cola, the sugary drink for which it is famous, invented by pharmacist John Stith Pemberton in 1886. At the time, the product was made from coca leaves, which added an amount of cocaine to the drink, and cola nuts that added caffeine, so that the cola and cola together stimulating effect. This stimulating effect is the reason why the drink is sold to the public as a health “tonic”, and Coca and Cola are the source for the name of the product and company. In 1889, the formula and brand were sold for $2,300 (about $68,000 in 2021) to Asa Griggs Candler, who founded the Coca-Cola Company in Atlanta in 1892.
The company has been operating a licensed distribution system since 1889. The company largely produces a concentrated syrup, which is then sold to various bottlers around the world who own exclusive territories. The company owns the Coca-Cola Refreshment Anchor in North America. The company’s shares are listed on the New York Stock Exchange and are part of the DJIA Index, the S&P 500 Index, and the S&P 100. Coca-Cola is the world’s largest producer of plastic waste.READ MORE