Global food and drinks giant PepsiCo has announced the investment of over $28.7 million to expand its Mar Del Plata plant in Argentina.
According to a statement released by PepsiCo, the investments made between 2017 and 2018 were used to improve the plant at a technical and structural level, adding a total of 7,490 sq m to the site footprint and creating six new production lines.
PepsiCo said the new lines would allow production capacity of savoury snacks at the site to be increased by roughly 80%.
More than 750 staff are employed at PepsiCo’s Mar Del Plata site, which produces savoury and sweet snacks under brands such as Lay’s, Doritos, Twistos, Toddy and Quaker for domestic consumption as well as export to Chile, Uruguay and Paraguay.
The announcement follows recent news of upgrades to PepsiCo production capabilities in the USA and China.
Source: PepsiCo