Coca-Cola Bottling Co Consolidated has announced plans to invest $30m to build a sales and distribution facility in Kentucky, US.

The latest investment is expected to create 430 full-time jobs in the region.

Kentucky Governor Matt Bevin said: “Coca-Cola is one of the world’s most iconic brands, and we are grateful that Coca-Cola Consolidated is expanding their presence here in Kentucky.

“This new sales and distribution facility will provide the company with immense logistical advantages, and the hundreds of jobs being created are welcome news to families in Erlanger and the surrounding communities.

“We look forward to continuing our work with Coca-Cola Consolidated and hope to see them further expand their footprint in Kentucky in the years ahead.”

“The Kentucky Economic Development Finance Authority (KEDFA) preliminarily approved the company for tax incentives up to $3.5m.”

Coca-Cola Consolidated’s will build the new 300,000ft² facility on around 32 acres in Erlanger. Expected to open next year, the sales and distribution facility in Kentucky is expected to create new job positions, including in distribution, sales and warehousing.

Coca-Cola Consolidated is engaged in the manufacturing, retailing and distribution of Coca-Cola beverages, as well as other partner companies. It represents more than 300 brands and flavours to 65 million consumers in territories spanning 14 US states and the District of Columbia.

Currently, the company operates four facilities in Louisville, Lexington, Paducah and Pikeville and employs 875 people.

In order to encourage the investment and job growth in the community, the Kentucky Economic Development Finance Authority (KEDFA) preliminarily approved the company for tax incentives up to $3.5m in June through the Kentucky Business Investment programme.

Coca-Cola also can receive resources from the Kentucky Skills Network, through which companies can receive no-cost recruitment and job placement services, reduced-cost customised training and job training incentives.