PepsiCo opens new plant in China, raising the number of facilities to 6


AP

PURCHASE, New York — PepsiCo Inc. has opened a new food manufacturing plant in China, its sixth food plant in the region 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 Tuesday 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. In April the Purchase, New York, company received regulatory approvals to secure a stake in Tingyi Holding Corp., a drink maker based in Taiwan. The deal tripled PepsiCo’s manufacturing scale in China.