Coca-Cola Company’s Story 2023
The Coca-Cola Company is an American company founded in 1892, initially to make and sell syrup and concentrate for Coca-Cola. The renowned company now also manufactures and sells other soft drinks and citrus beverages. With over 2,800 products in more than 200 countries, Coca-Cola is the world's largest beverage producer and distributor. They are also one of the largest companies in the United States and, they are headquartered in Atlanta, Georgia. Let us take a look at Coca-Cola’s Company Story to see how they got so successful.
The Coca-Cola drink was made in 1886 by an Atlanta pharmacist, John S. Pemberton, at his Pemberton Chemical Company. Frank Robinson, who was his bookkeeper, chose the name of the drink and wrote it in the fluent handwriting that became Coca-Cola's trademark. Pemberton initially promoted his drink as a tonic for the most common sicknesses.
This claim was based on the cocaine from the coca leaf, and caffeine-rich extracts from cola nuts. This cocaine was eventually removed from the Coca-Cola formula around 1903. Pemberton sold its syrup to local soda fountains, and, with the advertising, the drink became a remarkable success.
By 1891, another pharmacist from Atlanta, Asa Griggs Candler, had acquired full ownership of the company for a total of $2,300 and an exchange of some property rights. The next year, he incorporated the Coca-Cola Company. The "Coca-Cola" trademark was registered with the US Patent Office in 1893.
With Candler at the helm of affairs, sales saw an increase from approximately 9,000 gallons of syrup in 1890, to 370,877 gallons in 1900. Also, in that decade, syrup manufacturing facilities were opened in Dallas, Los Angeles, and Philadelphia, and the product was eventually sold throughout the US states, as well as in Canada.
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