Big Red (soft drink) from Citigroup Venture Capital and Goldman Sachs. Gary Smith now serves as the Chairman and CEO of Big Red and All Sport, Inc. In 2008 Keurig Dr Pepper purchased a minority interest in Big Red, Inc. Dr Pepper distributes almost 80% of the product that Big Red sells annually. Although the production facility is still in Waco, Texas, Big Red relocated their corporate headquarters to Austin, Texas in 2009. Big Red (soft drink) Big Red is a soft drink created in 1937 by Grover C. Thomsen and R.H. Roark in Waco, Texas and originally known as Sun Tang Red Cream
Waco, Texas the total population, 30.9% of those under the age of 18 and 13.0% of those 65 and older lived below the poverty line. Waco has a council-manager form of government. Citizens are represented on the City Council by six elected members; five from single-member districts and a mayor who is elected at-large. The city offers a full line of city services typical of an American city this size, including: police, fire, Waco Transit buses, electric utilities, water and wastewater, solid waste, and the Waco Convention and Visitors Bureau. The Heart of Texas Council of Governments is headquartered in Waco on