Categorized | News

Pepsi-Cola Products Philippines Invests in New Production Line at Cagayan de Oro Plant

pepsi-cola

Soft drink maker Pepsi-Cola Products Philippines, Inc. has announced it will invest P350 million in a new production line at its Cagayan de Oro plant with a view to expand manufacturing capacity and increase its nationwide presence.

After expansion, the plant’s production will increase by 6 million cases annually.

The company currently produces 170 million cases yearly at its 11 bottling plants.

Pepsi-Cola’s noncarbonated brands include Tropicana Twister, energy drink Propel, Lipton Ice Tea, Premier and Sting. Its carbonated drinks include Pepsi, 7-Up, Mountain Dew, Mirinda and Mug.

For its fiscal year ending in June, Pepsi-Cola Products Philippines’ net profits went up by 5% to P800 million, while revenues recorded double-digit growth at P14.2 billion.

Tags | , , ,

Sunday, August 20, 11:43 am

Search by Tag