Manufacturing Industry
Pepsi to make own bottles.(News)(Pepsi Bottling Group Inc. of Somers, N.Y., adds four injection stretch blow molding cells to make PET bottles.)
Plastics News, April, 2006 by DeRosa, Angie
Byline: Angie DeRosa Pepsi Bottling Group Inc. of Somers, N.Y., is adding four injection stretch blow molding cells to make PET bottles. One source said industry suppliers to Pepsi have curtailed new capital for carbonated soft drinks and water bottles, and Pepsi decided to make its own bottles.
"We're big believers that in this business, you're not going to save your way to prosperity,'' said Eric Foss, Pepsi Bottling Group's chief operating officer, in a March 15 presentation at Bank of America's 2006 Consumer Conference. "It's really about efficient and effective cost planning combined with solid, balanced top-line growth that's going to allow us to win in the marketplace,'' Foss added. Pepsi operates 45 plants in the United States and 98...
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