Fast Facts
United States 2017
The Swire group is a multinational, multi-disciplined commercial group, with its principal areas of
operations in the Asia Pacific region. The group’s business activities span six continents and five industrial
sectors, including Property, Aviation, Beverages & Food Chain, Marine Services and Trading & Industrial.
These interests come under its Hong Kong-based, publicly quoted arm, Swire Pacific Ltd. or are held
directly by the group’s UK-headquartered parent company, John Swire & Sons Ltd.
Founded in Liverpool, UK, in 1816, John Swire & Sons initially built its business on imports from North
America and the West Indies; in 1873, a branch office was opened in New York to develop a US market for its
growing trade with China and Japan. Today, the group’s interests in the USA range from property investment
and aircraft engineering to beverages and cold storage. Swire Properties is a key developer in Miami, with a
major mixed-use portfolio in the Brickell financial district. HAECO Americas – a part of leading global
aircraft engineering group, HAECO (in which Swire Pacific holds 75%) – is one of the largest independent
Maintenance, Repair and Overhaul providers in the country. The Swire group has been a strategic partner
to The Coca-Cola Company since 1965 and Swire Coca-Cola, USA is now the third largest independent
Coca-Cola bottler in the USA. Finlay Extracts and Ingredients USA is a leading supplier of tea, coffee and
natural extracts to the food and beverage industry in the USA. Wholly owned Swire subsidiary, United
States Cold Storage, is North America’s third largest Public Refrigerated Warehouse logistics provider.
2016 KEY FINANCIALS – UNITED STATES
US$3,922m
Turnover
Turnover | 2012 – 2016
Turnover by Division | 2016
US$M
US$M
4,000
Property
Property
Aviation
Aviation
Beverages
Beverages
& Food Chain
& Food Chain
3,500
3,000
2,500
2,000
Trading &
Industrial
1,500
Trading & Industrial
1,000
500
0
12
13
Capital Employed
14
15
16
US$2,739m
Capital Employed | 2012 – 2016
Capital Employed by Division | 2016
US$M
US$M
3,000
Property
Property
Aviation
Aviation
Beverages
Beverages
& Food Chain
& Food Chain
2,500
2,000
1,500
Trading &
Industrial
1,000
Trading & Industrial
500
0
12
13
14
15
16
11,159
Employees
Employees | 2012 – 2016
Employees by Division | 2016
12,000
Property
Property
Aviation
Aviation
Beverages
Beverages
& Food Chain
& Food Chain
10,000
8,000
6,000
Trading &
Industrial
4,000
Trading & Industrial
2,000
0
12
13
14
15
16
Information within this document is prepared on a 100% basis for subsidiaries of the Swire group, direct joint ventures of the Swire group and
associated companies (which have services agreements in place with the Swire group).
# Figures above do not include amounts related to the group’s Marine Services businesses as geographical segmentation is not always possible.
Property
Swire Properties
• A leading developer in Hong Kong and Mainland
China, with a well-established record of creating
long-term value by developing and managing
large-scale, mixed-use projects that transform
urban areas.
• Listed on The Stock Exchange of Hong Kong Limited.
• Its US arm, Swire Properties Inc, has had a
significant presence in Miami since the 1980s and
successfully transformed Brickell Key, a reclaimed
sand bar, into a thriving residential and commercial
community.
• Brickell City Centre, Miami’s landmark retail-led
mixed-use complex, opened in 2016. Phase I of the
development includes two mid-rise office buildings,
two residential towers, a hotel, EAST, Miami, and a
premium shopping mall.
Overview of Brickell City Centre, Miami
• EAST, Miami is Swire Hotels’ first venture in
the USA, offering 352 rooms including 89
serviced apartments.
Completed Property Investment Portfolio –
United States
Gross floor area
(’000 sq.ft.)
3,000
2,500
2,000
1,500
1,000
500
0
11
Shopping mall, Brickell City Centre
12
13
14
15
16
17
18
19+
EAST, Miami
2016 Major Property Portfolio in the United States
Project
Type
Total Area
(sq.ft.)
Shareholding
Date of Opening
IN OPERATION
Brickell City Centre
Shopping mall
496,508
November 2016
Swire Properties 60.9%
Simon Property Group 25%
Bal Harbour Shops 14.1%
Two Brickell City Centre
Office building
128,000
Swire Properties 100%
February 2017
Three Brickell City Centre
Office building
132,000
Swire Properties 100%
March 2016
Reach
Residential tower
567,000
Swire Properties 100%
April 2016
Rise
Residential tower
567,000
Swire Properties 100%
September 2016
EAST, Miami
Hotel (with serviced apartments) 327,000
Swire Properties 100%
June 2016
Mandarin Oriental, Miami
Hotel
Swire Properties 75%
November 2000
Completed GFA in the United States
345,000
2,562,508
FUTURE DEVELOPMENT
Residential
Residential tower
Under planning Swire Properties 100%
523,000
To be
determined
One Brickell City Centre
Mixed-use tower
Under planning Swire Properties 100%
1,444,000
To be
determined
Total GFA in the United States
4,529,508
Aviation
AIRLINES
Cathay Pacific Group
Cathay Pacific Network – United States (at 30th June 2017)
• Includes Cathay Pacific Airways, wholly
owned regional carrier Cathay Dragon,
60%-owned all-cargo carrier AHK
Air Hong Kong and an 18% associate
interest in Air China.
Anchorage
Portland
Boston
San Francisco
• Listed on The Stock Exchange of Hong
Kong Limited, Cathay Pacific Airways is
Hong Kong’s flag carrier and one of the
world’s leading international airlines.
Atlanta
Dallas
Houston
Passenger destination
Freighter destination
Passenger and Freighter destination
No. of round-trip flights to
the United States
No. of passengers
(Million)
No. of round-trip flights
(Yearly)
2.5
5,000
2.0
4,000
1.5
3,000
1.0
2,000
0.5
1,000
13
14
15
16
0
Miami
Gulf of Mexico
Joint-operating and codeshare services are not shown.
No. of passengers carried to
and from the United States
12
New York
Los Angeles
• Operates over 90 passenger flights and
around 40 freighter flights per week
between the USA and Hong Kong which
further connects to 65 destinations
in Asia.
0
Chicago
Columbus
12
13
14
15
16
Note: Figures shown in the above charts do not include joint-operating and codeshare services.
AIRCRAFT ENGINEERING AND MAINTENANCE
HAECO Group
• One of the world’s leading aircraft engineering and
maintenance providers, offering a comprehensive
range of airframe, cabin, component and engine
services through its 17 subsidiary and affiliated
companies.
• HAECO is listed on The Stock Exchange of
Hong Kong Limited.
• Headquartered in Greensboro, North Carolina,
wholly owned subsidiary HAECO Americas delivers
comprehensive aircraft care services from three
multi-hangar locations in Greensboro, NC, Lake
City, FL and Macon, GA. Services including
commercial airframe maintenance and
modifications, military airframe maintenance, and
engine maintenance, repair and overhaul services.
A fifth hangar is under construction at the Piedmont
Triad International Airport in North Carolina.
• HAECO Cabin Solutions offers comprehensive
cabin interior products and engineering services,
including the manufacture of aircraft stowage,
lavatory and galley products, as well as the
VectorTM platform of aircraft seating.
• HAECO Americas – 2016 Top 10 customers:
(in alphabetical order)
Beverages & Food Chain
Franchise Territories / Locations (at 30th June 2017)
Washington
Oregon
Idaho
Sacramento
(McClellan Park)
South
Dakota
Wyoming
Omaha
(Oakdale)
Syracuse
Nebraska
Sacramento
Nevada
Tracy Turlock
Fresno
Fresno Tulare North
(Woodward)
Tulare South
Bakersfield
Utah
Colorado
Minooka
Omaha
(30th St.)
Wilmington
Lebanon
Harrisonburg (1)
Harrisonburg (2)
Kansas
Lavergne
California
Arizona
Lincoln
Hazleton
Cranston
Bethlehem (Miller Circle)
Bethlehem
Quakertown East
Quakertown West
Florham Park
Voorhees
Milford
Covington
Smyrna Marshville
Atlanta
New Mexico
Warsaw
Lumberton
McDonough
Fort Worth
Arlington
Dallas Dallas
(Cockrell) (Halifax)
Lake City
Laredo II
Swire Coca-Cola, USA
Legacy
Franchise Territories Expansion in:
Q2 2014
Q1/Q2 2017
Q3 2016
Laredo III
Medley
United States Cold Storage
James Finlay
Blending
Packing Facility
Distribution Centre
Research & Development
Warehouse
Manufacturing Site
Trading / Sales Office
Warehouse + Distribution Centre
Head Office
BEVERAGES
Swire Beverages
• A strategic partner of The Coca-Cola Company
since the 1960s.
• Holds the franchise to manufacture, market and
distribute products of The Coca-Cola Company
in an extensive area of the mid-western USA,
Hong Kong, Taiwan and Mainland China.
• Swire Coca-Cola, USA currently operates six
production facilities and distributes across
13 states in the mid-western USA, serving a
population of 28 million.
• In 1978, Swire acquired the franchise rights for
the Coca-Cola bottler in Salt Lake City, Utah.
Over the ensuing years, Swire purchased other
franchise bottling operations, forming the
bottling, distribution and sales company Swire
Coca-Cola, USA, which is now the third largest
independent Coca-Cola bottler in the USA.
• Recent expansion by Swire Coca-Cola, USA has
seen the acquisition of the Mile High territory
(including Eastern Colorado and Denver) in 2014,
the Arizona and New Mexico territory (including
Phoenix) in 2016, and territories in the Pacific
Northwest (Washington, Oregon and Idaho) in 2017.
Sales Volume & Franchise Population –
United States
Unit cases
(Million)
Population
(Million)
200
20
150
15
100
10
50
5
0
12
Sales volume
13
14
15
Franchise population
16
0
Beverages & Food Chain (continued)
TEA
James Finlay
• Founded in 1750, Finlays is a leading international
supplier of tea, coffee and natural ingredients for
the global beverage industry. Has extensive
interests across plantations, extraction, trading,
R&D, packing and customer support.
• Supplies 7.8 million kg of coffee extracts and
9.6 million kg of tea extracts per annum to
US customers, including leading food service
outlets, major beverage manufacturers and
most major dairies.
• In the USA, Finlays operates as Finlay Extracts
and Ingredients USA, a leading supplier of tea and
coffee solutions to major beverage and food
brand-owners and food service companies.
• US headquarters is located in Lincoln,
Rhode Island, together with its coffee extract
manufacturing facility and R&D laboratory,
and is currently building a new R&D facility in
Rhode Island.
Finlay Extracts and Ingredients USA —
Five-year Sales Growth
US$M
150
120
90
60
30
0
13
Tea Extract
14
15
Coffee
16
17 Forecast
Leaf
COLD STORAGE
United States Cold Storage (USCS)
• Headquartered in Voorhees, New Jersey,
USCS is the third largest Public Refrigerated
Warehouse logistics provider in North America.
• Operates 38 facilities located in 13 states,
offering 270 million cubic feet of temperature
controlled warehouse space.
• Invests in developing its capacities, with the
provision of over 400,000 new pallet positions
in the coming three to five years, to meet
growing demand in the US market.
• Principal customers are leading American
and international food companies, including
Kellogg’s, Unilever and Kraft Heinz.
Capacity of Cold Storage Facilities –
United States
Cubic feet
(Million)
300
250
200
150
100
USCS’s Covington facility, Tennessee
50
0
12
13
14
15
16
Marine Services
OFFSHORE SUPPORT SERVICES
Swire Oilfield Services (SOS)
SOS Locations – United States (at 30th June 2017)
• The world’s largest supplier of specialist offshore
containers to the global energy industry, providing
a diverse range of oilfield services.
• Operating from 58 bases across 28 countries,
SOS has a presence in all major oil and gas regions
in Europe, Africa, Middle East & Caspian, North &
South America and Asia Pacific.
• US headquarters in Spring, Texas, with five
operational bases in the USA providing a full
spectrum of products and services.
Trading & Industrial
GREEN INVESTMENTS
Purestream Services
• A Utah-based company which primarily treats
produced water for re-use in the oil and gas,
power generation, pulp and paper, as well as
food and beverage industries.
• Offers innovative, economic and robust
integrated water treatment solutions, including
the patented AVARA advanced vapor
recompression technology, which provides
distilled quality water, as well as clean brine
for re-use.
• Provides specialized induced-gas flotation
technology combined with filtration to remove
oil and grease and suspended solids from
wastewater.
Spring
Houston
Lafayette
Houma
Morgan
City
Port
Fourchon
Gulf of Mexico
UF170601
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