Coca-Cola to pop the top on 3 new factories in 2010

BEIJING - Beverage behemoth Coca-Cola has set organic growth as its key expansion strategy in China, with three new factories planned for this year.

"We have seen so many organic growth opportunities in China, and, right now, we are focusing on them," Coca-Cola's Chief Executive Officer Muhtar Kent said on Tuesday.

The soft-drink maker will also set up three new factories in China's Guangdong province, Hohhot, Inner Mongolia autonomous region, and Henan province in 2010. The Henan site will be one of Coca-Cola's largest manufacturing facilities in China.