The Zhengzhou PepsiCo Beverages Co (Zhengzhou Pepsi) facility is the first plant opened since the two companies formed their strategic alliance earlier this year.
The new plant is part of Tingyi’s and PepsiCo’s expansion strategy in China, projected to become the world’s largest beverage market by 2015.
The Zhengzhou plant also delivers on the pledge made by both companies to support economic development in China’s central and western regions.
Indra Nooyi, chairman and CEO of PepsiCo, said: “China is a dynamic food and beverage market and a critical engine of growth for PepsiCo. Our game-changing alliance with Tingyi is off to an excellent start, and we see tremendous opportunities to further expand our business throughout the country.
“The Zhengzhou plant is a gateway to the growing markets of central and western China and will enable us to put more PepsiCo products in the hands of more consumers than ever before.”
The plant will create approximately 500 direct jobs, as well as thousands of indirect jobs in the surrounding communities.
Source: PepsiCo
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