PepsiCo says new S$130 million Singapore plant will help drive performance
US food and beverage company PepsiCo has opened a new manufacturing plant in Singapore that will produce and supply beverage concentrates for Asia Pacific markets.
This is the first new concentrate plant in Singapore in ten years.
PepsiCo said in a media release that the plant is aimed at supporting the company’s performance and purpose of transforming its beverage portfolio to becoming healthier.
The state-of-the-art plant, which is anticipated to hire approximately 90 team members from various nationalities once fully operational, is designed to drive efficiency and cost savings for PepsiCo’s growing business by allowing faster and more streamlined delivery of products to its Asia Pacific markets.
The establishment of the plant is expected to spur economic activity through purchasing from materials and service providers. It has also been designed to scale for the future as the company broadens the range of categories and products that can be manufactured here.
“We wish to thank the Government of Singapore and its agencies for their support for this project,” said Adel Garas, President, PepsiCo Asia Pacific Region.
“We are confident that our business will greatly benefit from the close cooperation, and positive business and regulatory environment here in Singapore.”
David Murray, Senior Vice President and General Manager, PepsiCo Global Concentrate Solutions, said that although the plant was constructed in only 18 months, the company actually began exploring the option of locating here over ten years ago, thanks to the Singapore Economic Development Board and other similar entities.
“We are delighted to see our new facility in Singapore officially open. The next chapter of our story in Singapore starts now with the new associates hired to support PepsiCo’s Asia Pacific business,” said Murray.