PepsiCo opens 6th food plant in China
Source: Agencies |
July 11, 2012, Wednesday
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Print Edition
Print Edition
PEPSICO Inc has opened a new food production plant in China, its sixth facility in the country in a move to strengthen its position in a growing market.
The food and beverage company, whose brands include Lay's, Quaker Oats, Tropicana and its namesake cola, said yesterday that the new facility will help it expand further into central and western China.
"PepsiCo has a strong and growing food and beverage business in China, and we're making investments to drive sustainable long-term growth," PepsiCo Chairman and CEO Indra Nooyi said in a statement.
The Wuhan facility can make about 15,000 tons of Lay's potato chips a year. PepsiCo says Lay's is the top selling chip brand in China and the world's biggest food brand.
The plant may also use 30 percent less water and 20 percent less energy than some of the company's other facilities.
The food and beverage company, whose brands include Lay's, Quaker Oats, Tropicana and its namesake cola, said yesterday that the new facility will help it expand further into central and western China.
"PepsiCo has a strong and growing food and beverage business in China, and we're making investments to drive sustainable long-term growth," PepsiCo Chairman and CEO Indra Nooyi said in a statement.
The Wuhan facility can make about 15,000 tons of Lay's potato chips a year. PepsiCo says Lay's is the top selling chip brand in China and the world's biggest food brand.
The plant may also use 30 percent less water and 20 percent less energy than some of the company's other facilities.
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