Coca-Cola Company To Invest $2 Billion In Florida Oranges

The Coca-Cola Company (NYSE:KO) has announced that it plans to invest $2 billion in Florida orange groves. The soft drink manufacturer announced the move earlier this morning at a press conference at its production plant in Auburndale, Florida. At time of writing, the market seemed unperturbed by the news, and stock in The Coca-Cola Company (NYSE:KO) increased by a fraction.

According to the plan, The Coca-Cola Company (NYSE:KO) will use the money to facilitate the planting of 25,000 acres of new orange trees in the Sunshine State. The oranges will most likely be used in...