This expansion of the facilities, which involved an investment of US$64 million, will allow the company to increase its productive capacity by 60%.
President Luis Lacalle Pou participated in today’s day of the inauguration of a new plant of PepsiCo in the free zone Cologne. The multinational showed the progress of its investment in the facilities, which will total 64 million dollars and will allow an increase in 60% the productive capacity of the plant, unique in the continent.
Currently, PepsiCo exports to more than 30 markets in the world from the free zone of Cologne. The president highlighted this investment, which was announced in September 2021 during the pandemic, stating that “you had to have courage and security” to think beyond the prevailing context. In turn, he valued that the company fulfills the mission of generating poles of investment attraction outside the metropolitan area, since the free zones were created for this.
The president emphasized his speech by saying that “PepsiCo is a big company; Uruguay is also a big country”in reference to the possibilities that the country offers to think in the long term as a result of the conditions of legal and political stability, as well as the quality of its human resources.
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Photo: Presidency
PepsiCo exported 1.3% of GDP in 2022
The Colonia plant is one of eight concentrate plants worldwide, and the company’s sales represent the 5.3% of the Uruguayan export market. During 2022, he placed 713 million dollarsthat is, the 1.3% of GDP.
The new investment will provide an expansion to 8,600 square meters in the industrial area. The company alreadyincreased its packaging potential by 130% of liquid products, as well as the system for washing and disinfecting production equipment, with a reduction in the use of water and energy.
PepsiCo arrived in the country in 1955 and since then had invested more than 65 million dollars, of which 35 million were during the last four years. Between this concentrate plant and the food plant in Montevideo, employs about 350 people directlygenerating another 800 jobs through its bottling partner, Fábricas Nacionales de Cerveza, and producing some 4,000 indirect jobs.
Source: Ambito
