PepsiCo invests again in Ireland drinks production
A portion of the investment will go towards solar PV installation.
PepsiCo is putting more capex into Ireland after completing a €127m ($133.5m) investment project in the same site and the adjacent R&D facilities earlier this year.
The beverage group is spending €39m at its Little Island site in Cork. It has allocated €36.6m of the total funding toward a new facility for “beverage ingredients”. The Little Island site produces concentrate for brands including Pepsi, Pepsi Max, Gatorade, 7Up and Mountain Dew.
The expansion also includes a €2.4m for a major solar photovoltaic (PV) installation at the Little Island facility. The installation will generate 1820 kW and have “peak capacity to provide 100% of the plant’s electrical demand”, according to a statement from the Little Island Business Association.
Over the course of twelve months, the solar panels will “provide 22% of the electricity” required by the site.
PepsiCo employs more than 1,250 people in Ireland.
Related news
PepsiCo stops production at another Frito-Lay site
PepsiCo has not disclosed the number of employees affected by…
Read more >Beiersdorf Invests €300m To Expand Polish Production Capacity
German multinational Beiersdorf has invested €300 million to expand its…
Read more >Deliveroo Tests Drone Delivery In Dublin
Meal delivery company Deliveroo has commenced a pilot project for…
Read more >Related news
PwC E-toplist: The largest and most well-known online retailers
4 categories: largest, FMCG, Hungarian, best-known – PwC Hungary published…
Read more >Crisis Map 2024: The number of protracted crises has increased significantly
The MPRSZ registered and analyzed 450 crisis situations according to…
Read more >Hungarians are the most likely to tip food delivery people online
Tipping remains popular among Hungarians, and this is also evident…
Read more >