PepsiCo to invest $72 million in Britain’s Walkers factory
PepsiCo Inc said it would invest 58 million pounds ($72 million) to boost potato crisp, or chips, manufacturing at its Walkers factory in Leicester, in what represents the consumer goods giant’s biggest investment in Britain for 25 years.
The funding will create 100 new jobs at the site, one of the world’s biggest crisp factories.
PepsiCo said it would help meet increased demand for its Walkers snacks, and mean production of brands including Wotsits Giants and Monster Munch Giants would move to Leicester from Europe in 2024.
“The scale of this latest investment is purposeful in securing the future of the factory and positioning Walkers…for further growth in the long term,” PepsiCo said in a statement on Tuesday.
Related news
PepsiCo sells interest in Serbian soft-drinks group Knjaz Miloš
Czech soft-drinks supplier Mattoni 1873 has acquired full control of…
Read more >MFB: you can now apply for the interest-free, EU-funded investment loan
From Tuesday, enterprises can apply for the interest-free investment loan…
Read more >Burger King is allocating $300 million to modernize its restaurants
Burger King and its parent company, Restaurant Brands International, announced…
Read more >Related news
OECD: Food price inflation fell sharply in most countries
The Paris-based Organization for Economic Cooperation and Development, the OECD,…
Read more >Nébih experts examined the cheapest foods
In order to protect consumers, the National Food Chain Safety…
Read more >Szentkirályi Magyarország’s deposit-fee PET bottles are already on store shelves
Szentkirályi Hungary was one of the first to start the…
Read more >