ORLANDO, Fla. Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal.
More details have come to light on the timing and distribution of the $60 billion Walt Disney Co. investment. has planned for its Disney Parks, Experiences & Products division over the next 10 years — and the first fruits of its capital spending plans may not be far off.
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Investment plans for the Burbank, Calif.-based entertainment giant have significant economic implications for Central Florida, as the Experiences division oversees the company’s theme parks, cruise lines and more.
During an earnings call on Feb. 7 for the first quarter of fiscal 2024, Disney CFO Hugh Johnston noted that 70% of the $60 billion is “earmarked for capacity expansion investments around the globe.”
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