By Iron Chef Leftovers
An interesting article from Bloomberg about how “Mexican” Coca-cola isn’t all that Mexican.
The best part here:
But when Francisco Garza Egloff, chief executive of Arca Continental (AC*:MM), Coca-Cola’s Mexican bottler, let slip in an earnings call two weeks ago that the company is considering using more corn syrup to cut costs (the government would soon approve a tax on junk food), America’s small but vocal Cult of Mexicoke freaked out. It was enough to prompt a reversal of sorts from Arca, which subsequently vowed to continue using only cane sugar in the Coke it exports to the U.S. Call it a New Coke moment in reverse for the maker of Mexican Coke. The uproar also revealed that much of the Coke sold south of the border already contains high-fructose corn syrup. Arca’s corn-to-sugar mix for the soda it sells at home is around 50/50.
You can read the full article here.