Coke to invest $2 billion in Florida orange groves

05/8/2013 | ABC News

Coca-Cola said it will invest $2 billion to support development of 25,000 acres of orange groves in Florida for its Minute Maid and Simply juice brands. Some 5 million trees will be planted in the state's Polk, DeSoto and Hendry counties. "This shows Coke's commitment both to the Florida citrus business and the future of its own juice business," said John Sicher, editor and publisher of Beverage Digest.

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