PepsiCo has said it is to close four Frito-Lay facilities in order to consolidate its manufacturing network

Food & Drink Weekly,  Oct 4, 2004  

Tags: Frito-Lay, manufacturing, PepsiCo

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PepsiCo has said it is to close four Frito-Lay facilities in order to consolidate its manufacturing network. The company's Frito-Lay North America snacks unit is undergoing a productivity program with a goal to increase existing capacity by over 10% through "process improvements, selective capacity boosts, and more robust systems to improve production planning".

The company said success at exceeding targeted improvements in existing capacity had created the opportunity to consolidate the manufacturing network. The move is expected to create savings to be re-invested in growth. The plant closures are expected to be largely completed by the end of this year. PepsiCo expects to incur a related pre-tax charge of approximately $160 million.

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