Food and Beverage Business
Finance

Cork facility to be invested €127m by PepsiCo

Cork facility to be invested €127m by PepsiCo Food and Beverage Business

PepsiCo, the global leader in food packaging, has announced the nearing completion of a €127 million investment in its Little Island, Cork manufacturing facility. This capital investment will be directed towards opening an additional manufacturing capacity and further investment in its R&D campus.

The state-of-the-art manufacturing technology will generate an extra manufacturing capacity in support of PepsiCo’s wide range of beverage ingredients. The investment will also augment the company’s existing portfolio of global brands, including Pepsi Max, Gatorade, 7Up, and Mountain Dew, to better satisfy the surging demand for its products globally. The R&D campus, supporting beverage development, product research, testing, and commercialization, quality assurance, and regulatory management, is significant for the food packaging industry.

PepsiCo’s Cork-based facility has significantly increased its workforce by over 20% in the last two years, with 642 of the company’s 1,250 Irish employees based in Little Island, Cork. The investment in the campus has significantly provided employment to over 700 professionals across PepsiCo’s contracting and vendor partners during the design and construction phase.

Brian Colgan, site lead at PepsiCo Little Island, commented, “This very significant expansion will allow us to increase our manufacturing capacity and ensure that we can continue to meet the global demand for our existing and future products.”

Breda Kennedy, R&D senior director of PepsiCo, said, “This latest investment in our R&D campus delivers state-of-the-art laboratories for several quality and research teams and a new contemporary digital solutions suite. This continued investment will further strengthen our ability to attract the best talent across digital, engineering, analytics, food science, sensory, and microbiology.”

The investment by PepsiCo is very welcome, and it demonstrates the company’s ongoing commitment to Ireland as it continues to grow its Irish operations nearly 50 years since it first established a footprint in Cork. Mary Buckley, executive director of IDA Ireland, added, “Continued investment in research and development is central to IDA Ireland’s strategy ‘Driving Recovery and Sustainable Growth’.”

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