PepsiCo has announced it is investing $64 million to expand its beverage concentrates plant in Uruguay’s Colonia Free Trade Zone.
The company plans to expand its industrial area by more than 6,000 square metres by using modern technology. This will include upgraded production rooms, expansion of water waste treatment and an extension of the plant’s footprint to manage its manufacturing facilities.
The investment will help enable PepsiCo to expand its zero-sugar offerings.
The plant is one of two facilities that PepsiCo has in Uruguay and employs around 350 people. The beverage concentrates plant plays a significant part in the formulation of PepsiCo’s brands, such as Pepsi, 7Up, Mirinda and Gatorade. The second plant, named Montevideo, has been a key site for the foods business for more than 60 years.
This will be the second investment that PepsiCo has made recently as it has announced that it has closed a £1 billion deal to open a brand-new plant in Poland.
The plant will be PepsiCo’s fifth in the country, creating 450 new jobs and exporting to over 20 European countries. The full construction is due to be completed by 2025, with plans to become fully carbon-neutral by 2035.
