The investment will be used to install a new bottling line in Winston-Salem to produce millions of cases of beverages per year and can manufacture bottles made from 100% recycled material
Pepsi Bottling Ventures invests $35m to enhance production capacity. (Credit: Jul Chi from Pixabay)
Pepsi Bottling Ventures, a manufacturer, seller, and distributor of PepsiCo beverages in North America, has announced an investment of $35m to install a new advanced bottling line in Winston-Salem, North Carolina.
The new line will optimise the production capacity of brands like Aquafina and Lipton Tea, and PBV-owned brand Nature’s Twist.
Pepsi Bottling Ventures president & CEO Derek Hill said: “This investment is a promise to our customers and consumers that we will continue to meet their beverage needs and demonstrates our long-term commitment to the region and the State of North Carolina.
“We’re excited about the opportunities that this new line will afford us as we focus on innovation and improving efficiencies.
“This investment allows us to continue operating at our best and ensures stable and well-paying jobs for years to come.”
The firm plans to produce millions of cases of beverages per year, which can also create bottles made entirely of recyclable materials.
Pepsi Bottling Ventures anticipates creating up to 10 additional full-time positions when the project is completed.
PBV Operations & Supply Chain senior vice president Matthew Bucherati said: “Staying connected to the needs of our customers and consumers is at the forefront of how PBV runs its operations.
“Running our operations responsibly and sustainably is paramount. This new line incorporates the latest bottling technology, allowing us to keep up with demand while remaining good stewards in communities where we operate.
“I’m very proud of this investment and what we’re able to deliver to our customers and consumers.”
In 2012, the company purchased the 526,000ft² manufacturing plant in Winston-Salem, North Carolina.
Due to growing storage requirements, the firm leased an additional 316,000ft² warehouse expansion in 2021.
Construction of the new bottling line is slated to begin in 2023 and the bottling line will commence operations by the end of 2024.