Food giant Coca-Cola Amatil has threatened to close the SPC Ardmona fruit canning company in Victoria, unless the federal government and Victorian government give it $25 million each in assistance.
The company wants to spend $161 million on upgrading and restructuring its manufacturing facilities in Shepparton. If the plant is closed, about 3000 jobs in the Goulburn Valley, and many small orchard farms, would be lost.