updated 11/12/2009 3:26:19 PM ET 2009-11-12T20:26:19

McDonald's Corp., already the world's largest hamburger chain, will add 1,000 locations next year, the fast food chain said Thursday.

  1. More on Food trends
    1. Satisfy your craving

      Look for more exciting eats and foodie trends on the Bites blog

During a meeting with Wall Street analysts, executives said the new locations will will be concentrated in China, Australia, Russia, Germany, France and the U.S.

McDonald's already operates 32,000 restaurants in 100 countries.

Meanwhile, the restaurant chain said it planned to rehab the inside and outside of 2,300 restaurants next year, about half of which will be in Europe.

The dual efforts, along with other construction plans, will cost about $2.4 billion.

McDonald's, which is based in the Chicago suburb of Oak Brook, Ill., expects its 2009 capital expenditures to hit $2.1 billion this year as it opens nearly 900 new restaurants, according to filings with the U.S. Securities and Exchange Commission.

Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


Discussion comments


Most active discussions

  1. votes comments
  2. votes comments
  3. votes comments
  4. votes comments

Data: Latest rates in the US

Home equity rates View rates in your area
Home equity type Today +/- Chart
$30K HELOC FICO 3.79%
$30K home equity loan FICO 4.99%
$75K home equity loan FICO 4.69%
Credit card rates View more rates
Card type Today +/- Last Week
Low Interest Cards 13.83%
Cash Back Cards 17.80%
Rewards Cards 17.18%
Source: Bankrate.com