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History Of Coke

Submitted by oppapers on May 3, 2002

Category: Business
Words: 1686 | Pages: 7
Views: 977
Popularity Rank: 5,823
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Coca-Cola

What started out being a nerve and brain tonic and a medical elixir with the help of society over the last one hundred and ten years has turned into over 50 billion dollar business. Now as one of the largest companies in the world the company is operated by Robert Goizueta. The companies’ first operator was Dr. John Pemberton who was an Atlanta pharmacist, who mixed the formula in a three legged brass kettle in his backyard on May 8, 1886. Pemberton mixed a combination of lime, cinnamon coca leaves, and the seeds of a Brazilian shrub to make the drink. Coca-Cola was seen first in Jacob’s Pharmacy in Atlanta, as a non-carbonated beverage which cost people five cent. Later on, carbonated water was added to the syrup to make the beverage that we know today as Coca-Cola. The name Coca-Cola was given to the beverage by one of Pemberton’s close friends Frank Robinson; he is also the same person who made the famous Coca-Cola logo.

In 1887 to 1888 Pemberton was not in good health, not to mention he was addicted to morphine and also he was spending more money on advertising then what he was making in gross sales. So Pemberton sold his portion of the Coca-Cola Company to Asa Griggs Candler, an ambitious Atlanta druggist. After exactly two months after Pemberton’s death due to bad health Candler bought the remaining shares of the company. Candler achieved a lot during his time as owner of the cola company, on January 1893, the famous Coca-Cola formula was registered in the U.S. Patent office. He also opened the first syrup manufacturing plant in 1884. Candler’s great achievement was large scale bottling of Coca-Cola in 1899. In 1915, The Root Glass Company made the curve bottle for the Coca-Cola Company. Candler advertised Coca- Cola in newspapers and on billboards. In the newspapers, he would give away coupons for a free Coke at any fountain. Coca-Cola was sold after the Prohibition Era to Ernest Woodruff for 25 million...

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