USA based PepsiCo to establish its sixth factory in Turkey adding more than 500 jobs. The new plant will employ 350 staff initially and will hit the target of 500 by 2022. Currently PepsiCo provides employment to more than 43,000 people (Directly and indirectly) in Turkey with five factories.
The food and drinking company will establish a facility with over 100,000 square meter area in Manisa, Turkey. The factory is expected to have a 35,000 square meters of indoor space. It will also be equipped with new technologies such as potato-handling and product delivery units.
PepsiCo is an American multinational food, snack and beverage corporation headquartered in Purchase, New York. PepsiCo has interests in the manufacturing, marketing and distribution of grain-based snack foods, beverages and other products. PepsiCo was formed in 1965 with the merger of the Pepsi-Cola Company and Frito-Lay.
PepsiCo’s product mix as of 2015 (based on worldwide net revenue) consists of 53 percent foods, and 47 percent beverages. As of 2015, 22 PepsiCo brands met the mark of $1Bn, including: Pepsi, Diet Pepsi, Mountain Dew, Lay’s, Gatorade, Tropicana, 7 Up, Doritos, Lipton Teas, Brisk, Quaker Foods, Cheetos, Mirinda, Ruffles, Aquafina, Naked, Kevita, Propel, Sobe, H2oh, Sabra, Starbucks (ready to Drink Beverages), Pepsi Max, Tostitos, Mist Twist, Fritos, and Walkers.