LOUISVILLE, Ky. (WDRB) -- A warehouse that sat vacant for five years is once again operational, thanks to an investment from a North Carolina-based company.

Coca-Cola Consolidated of Charlotte, North Carolina, unveiled its new Sales and Distribution Center Thursday.

The company officially became the Coca-Cola bottler for the Louisville area at the end of February, thanks to the acquisition of an existing distribution center.

Officials with Coca-Cola Consolidated said the purchase and remodel of the new facility on Global Drive was an easy decision, as the original Louisville distribution center on Hill Street was old and outdated.

"You've got good transportation lanes, we don't have city traffic, this is a great area, a growing part of Louisville," said Senior Vice President of Coca-Cola Consolidated Lauren Steele.

The warehouse was previously a distribution center for Circuit City. James Reddish with Greater Louisville Inc., says the property has been vacant for five years.

"We've been showing this building for literally five years now, to various manufacturers, distribution centers, and we're excited now to see it full," he said.

The company is also working on a 100,000 square foot expansion of the existing building, which will result in new hires.

"We are hiring. We want people to work here," said Steele who expects to hire 100 new people within the next year.

With the purchase, renovations and addition, the company estimates the local investment at $12 million.

"The investment always has a spin-off effect," said Reddish. "So, 350 jobs here, but $12 million local investment has to be spent in the local economy, construction, local suppliers."

Louisville Mayor Greg Fischer said the investment he's most excited about, is the investment the company has made in the community.

"They're a big corporate citizens for us, they help the community philanthropically," said Fischer. "Seeing them commit to issues like the Healthy Home Town initiative, the mayor's hike bike and paddle, they've been sponsors of that as well."

Coca-Cola Consolidated also has purchasing agreements with franchises in Pikeville, Paducah and Lexington.

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