UK: PepsiCo to invest £24 million to upgrade factory

PepsiCo, the global snacks and drinks giant, has announced an investment of £24 million ($31.7 million) to upgrade its facility located in Lincoln, UK, to meet growing consumer demand.

The investment will be used to replace the existing machinery with new state-of-art equipment and technology, to increase the production of Quavers snacks, and make space for new product lines. A further £1 million ($1.3 million) will be used at the Walkers factory in Coventry to buy additional equipment to maintain production during work at Lincoln.

Nigel Beilby, Lincoln site operations manager at PepsiCo, said: “We’ve always had a strong heritage in the Midlands, providing jobs to almost 2,000 people in the region across our factories in Lincoln, Leicester and Coventry. For decades, our Lincoln factory has brought much-loved Quavers snacks to consumers up and down the country, and with this state-of-the-art technology, we’re confident that the site will continue to serve the nation for many years to come”.

Source: PepsiCo