PepsiCo Opens $93M Concentrate Manufacturing Plant

American food and beverage company PepsiCo opened a new manufacturing facility in Singapore on Thursday to produce drink concentrates for the Asia-Pacific market, numerous regional news organizations reported.

The $93 million (S$130 million) plant enables PepsiCo to serve customers in the region with beverage concentrates, which were previously sourced from the firm’s plant in Ireland, according to a report by Singapore-based news website Today Online.

“Having our concentrate supplier located in the region will also allow for more efficient operations for our bottlers, as they will need to keep less inventory given the lower freight time, resulting in lower working capital,” a PepsiCo spokesperson told Today Online.

90 workers, including engineers and scientists, are employed at the new PepsiCo site. While the facility will produce concentrates for popular brands like Gatorade and Pepsi, the Singapore plant will also be engaged in innovation efforts to develop regional products that fit healthier nutritional profiles.

“It will speed innovation of new product formulations to serve the demands of Asia-Pacific customers for healthier options,” a PepsiCo statement said, as reported by Asia One.

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