PepsiCo Invests $159M to Expand Frito-Lay PlantsPepsiCo Invests $159M to Expand Frito-Lay Plants
July 30, 2018
Food and beverage giant PepsiCo will invest $159 million to expand two Frito-Lay snack manufacturing plants in Frankfort, IN, adding 210,000 sq ft of space and new manufacturing capabilities, the local officials announced in a press release.
The company plans to install two production lines for snack products and build additional warehouse space at its Frankfort plants. About 50 new jobs will be created as a result of the expansion project.
“Frito-Lay’s significant financial investment and desire to create more jobs are shining examples of their continuing commitment to thrive and succeed here while strengthening our local economy and enhancing our industrial workforce and their employees’ quality of life,” Frankfort Mayor Chris McBarnes said in a statement.
In operation for more than three decades, the Frito-Lay plants in Frankfort have a combined headcount of 1100 workers. The Indiana Economic Development Corporation (IDEC) is providing $500,000 in conditional tax credits to the snack maker in connection with its plan to create new positions at the facility.
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