Watch out for confirmation bias with this one. It may be a little more complex than the usual opportunity to bag SA.
Yes, high electricity costs and recent unreliability may have played a minor role, but also take into account:
1) CCA have been in Adelaide since 1939 yet the Thebarton plant has been allowed to run down badly for over a decade. Indicates it wasn't in the future plans of the company.
2) The land is worth millions - close to the city and perfect for gentrification. Easy money for a company in financial strife.
3) Coca-Cola profits are down 55%. People are off the fizzy drinks. (See link.)
4) Worldwide they are consolidating their supply and distribution. In countries like Australia and Indonesia they will have only 1-3 plants. (See link.)
5) They're now doing a "Trump" and providing the syrup to independent bottlers, almost like a franchising operation. (See link.)
