Image Source: Vending Today
Aug 6, 2018
PepsiCo is all set to develop and expand its Songjiang Foods plant in Shanghai with an investment of $100m, which will involve the addition of new manufacturing equipment, as well as the introduction of new packaging and warehouse technologies. PepsiCo is also planning to build a new packaging plant, which is expected to cover two levels of the building, along with high-bat storage facility equipped with the latest technologies.
According to PepsiCo Greater China Region (GCR) president and CEO Ram Krishnan, China is one of the top global markets driving PepsiCo’s growth and the company will continue to make great efforts in its China operations, striving to contribute more to the sustainable development of China.
The company aims to improve its potato chip manufacturing capacities through the expansion initiative in an effort to address the growing demand for its snack products across the region.
The investment is expected to create 370 direct jobs, as well as indirect employment opportunities in the surrounding areas. The Songjiang plant was originally established in 1998 and is said to have played a key role in the economic development of the Shanghai Songjiang District.