Coca-Cola to invest $2 billion in Fla. groves

05/8/2013 | Detroit News, The

Coca-Cola, which owns the Minute Maid and Simply juice brands and buys one-third of Florida's oranges, will spend $2 billion to plant 25,000 acres of new orange groves in three Central Florida counties, the company said Tuesday. The project will add 5 million new trees and 4,100 jobs in the citrus industry's biggest Florida expansion in 15 years.

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