We're working diligently to keep products readily available to our consumers. We recommend either ordering via grocery delivery or calling your local store to verify. How many manufacturing facilities does Pepsi have? Thank you to all the people around the world who make this an amazing place to work. Subscribe to Food Business News' free newsletters to stay up to date about the latest food and beverage news. This method uses enzymes to dissolve plastic very thoroughly and the final leftovers can be used to produce textiles. . Roger Enrico succeeds D. Wayne Calloway as CEO and chairman of the board of directors. Pepsi takes "one giant sip for mankind" when a Pepsi "space can" is successfully tested aboard the Space Shuttle. In 2021, we recorded an 18% efficiency improvement in our water-use efficiency rate at our high water-risk locations when compared to our 2015 baseline. [52][53][54][55] This deal fell through before it could take place due to the fall of the Soviet Union and was renegotiated with the former nations of the USSR. [100] In 2017, Ramon Laguarta became the president and became its CEO in 2018. Transition to 100% Renewable Energy in the U.S. 40 years of the Supplier Diversity Program. PepsiCo's shares traded at over US$109 per share, and its market capitalization was valued at over US$155.9 billion in September 2018. NGOs warned[123] that the commitments did not go far enough, and in light of the deforestation crisis in Southeast Asia, have called on the company to close the gaps in its policies immediately. [166] Since 2007, the company also made available lower-calorie variants of Gatorade, which it calls "G2". ", "PepsiCo's Bonin Bough on performance with purpose", "Mich. school wins grant to build weight room", "Oil Spill Aid Is Small, but Some Companies Step Up", "Animal food bank puts Pepsi grant to good use", "Pepsi Re-Ups 'Refresh,' Extends Project Overseas", "Hundreds of Frito-Lay workers on strike in Topeka, citing forced overtime and 84-hour workweeks", "Frito-Lay strike hits 12 days, negotiations to resume Monday", "Frito-Lay workers end 19-day strike in Kansas with contract that guarantees one day off per week", "All Eyes on PepsiCo: Will it Come Clean or Keep Trafficking Conflict Palm Oil? In addition, we joined the Alliance for Water Stewardship (AWS) in 2018 and aim to adopt the AWS Standard at all of our high water-risk facilities by 2025, using it as a vehicle for advocacy and to help ensure that freshwater resources in high water-risk locations are available for all water stakeholders. Were thrilled to call Denver, a city that shares so many of our values, home to PepsiCos most sustainable US plant location, said Johannes Evenblij, president of PBNAs West Division. The APAC sector consists of the Asia Pacific, Australia/New Zealand and China regions, offering a number of leading snack brands such as Cheetos, Doritos, Lays and Smiths as well as various beverage brands including 7UP, Aquafina, Mirinda, Mountain Dew and Pepsi.PepsiCo also sells ready-to-drink tea products through a joint venture with Unilever under the Lipton brand and licenses Tropicana through a strategic alliance with Tingyi (Cayman Islands) Holding Corp.PepsiCo APAC is headquartered in Shanghai, China, and led by Wern-Yuen Tan, CEO, Asia Pacific, Australia, New Zealand and China. We use cookies to provide you with a better experience. PepsiCo announces that its snacks and drinks will be made with renewable electricity in the U.S. by the end of 2020. Brands, Inc.[13] PepsiCo also previously owned several other brands that it later sold so it could focus on its primary snack food and beverage lines, according to investment analysts reporting on the divestments in 1997. Our portfolio includes major global brands such as Pepsi, Lays, Quaker, Gatorade, 7UP, Doritos, Cheetos and Ruffles, as well as regional and local brands like Gamesa, Mafer, Tortrix and Kero Coco.PepsiCo LatAm is led by Paula Santilli, CEO. We support existing collaborative efforts to address water risk and mitigate water insecurity. Soon after that, he purchased the manufacturer and formed H.W. [102] In 1956 PepsiCo paid US$2million for the previous building at the site. [114] The main recipients of grants as part of the refresh project are community organizations with a local focus and nonprofit organizations, such as a high school in Michigan thatas a result of being selected in 2010received US$250,000 towards construction of a fitness room. This system makes it easier for people to stay hydrated with great-tasting beverages, digitally tracks hydration, and helps meet the growing consumer demand for more sustainable packaging. [11] After 39 years trading on the New York Stock Exchange, PepsiCo moved its shares to Nasdaq on December 20, 2017. The majority of PepsiCo's revenues no longer come from the production and sale of carbonated soft drinks. As part of our new ambition, we plan to expand beyond our own operations, working closely with third-party facilities to share best practices and drive towards best-in-class and world-class water-use efficiency, as appropriate. Pepsi-Cola Bottling Company of Central Virginia is proud to offer a wide variety of products in our service areas. In order to achieve this, we have adopted an approach to watershed management that includes improving water-use efficiency across our value chain: on farms and in manufacturing facilities; replenishing water and improving the health of the local watersheds that are most at risk and where we operate; and increasing safe water access for communities that face water insecurity, including scarcity and unsafe water sources. Working at PepsiCo is more than a job, it's an opportunity to build a meaningful career. [160] According to news and magazine coverage on the subject in 2010, the objective of this initiative is to increase the number and variety of healthier food and beverage products made available to its customers,[161] employ a reduction in the company's environmental impact,[162] and to facilitate diversity and healthy lifestyles within its employee base. Americas Argentina Brazil Canada Chile. Europe Belgium France Germany Italy Netherlands. Ashmera Mohamed, an R&D Senior Engineer at PepsiCo, shares how building a network with women in STEM has helped her grow her career. The AMESA sector is committed to PepsiCos vision of sustainable growth, which emphasizes efficient use of sustainable farming practices, energy and natural resources such as water. In 1961, the company merged with the Frito Company, becoming Frito-Lay Inc. PepsiCo draws on the expertise and local knowledge of an array of partners in order to deliver on its water stewardship ambitions. [165], Public health advocates have suggested that there may be a link between the ingredient makeup of PepsiCo's core snack and carbonated soft drink products and rising rates of health conditions such as obesity and diabetes. Discover more about our products, their nutrition information and where to buy. [104] In 1966, Mayor of New York City John Lindsay started a private campaign to convince PepsiCo to remain in New York City. PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages, including many iconic brands that generate more than $1 billion each in estimated annual retail sales. In 1932, Herman W. Lay began a potato chip business in Nashville, Tennessee. PepsiCo receives Stockholm Industry Water Award in recognition of the company's innovative and outstanding water stewardship initiatives. [157] In a comparison of 2009 energy usage with recorded usage in 2006, the company's per-unit use of energy was reduced by 16 percent in its beverage plants and 7 percent in snack plants. The employee data is based on information from people who have self-reported their past or current employments at PepsiCo. PepsiCo announces a more than $400 million set of initiatives over five years to support Black and Hispanic communities and increase representation at PepsiCo. [63], The structure of PepsiCo's global operations has shifted multiple times in its history as a result of international expansion, and as of December 2021 it is separated into seven main divisions: PepsiCo Beverages North America (PBNA), Frito-Lay North America (FLNA), Quaker Foods North America (QFNA), Latin America, Europe, Africa, Middle East, South Asia (AMESA) and Asia Pacific, Australia/New Zealand, China (APAC). Expand. [62] Unlike PepsiCo's Americas business segments, both foods and beverages are manufactured and marketed under one umbrella division in this region, known as PepsiCo Europe. [109] In 2009, US$27.9million was contributed through this foundation, including grants to the United Way[110] and YMCA,[111] among others. The new plant is the first in central China. 500 Gregson Dr. Cary, NC 27511 (800) 879-8884 (919) 415-3425. Moreover, PepsiCo's Frito Lay has 3 state-of-the-art manufacturing units. PepsiCo, headquartered in Harrison, NY, has 13 offices throughout the . [89], In August 2012, PepsiCo signed an agreement with a local Myanmar distributor to sell its soft drinks after a 15-year break to re-enter the country.[90]. [61], The primary identifier of a food and beverage industry main brand is annual sales over US$1 billion. The early-stage businesses gaining traction on online grocery service. Tropicana & Gatorade in its 22-brand portfolio, PepsiCo is one of India's largest food & beverage enterprise. "[81] Following the 2022 Russian invasion of Ukraine, a number of companies faced growing pressure to halt operations in Russia after not initially doing so. Read on & dive in to the world we've been creating since 1989 . [32] It will also quarter-own allMotti in late November 2018 and it will be PepsiCo's first owned Tech and Computer Service company. PepsiCo Corporate Headquarters and Office Locations PepsiCo is headquartered in Harrison, NY and has 13 offices located throughout the US. [82][83][84][85][86][87] On March 8, 2022, PepsiCo announced in a letter from CEO Laguarta the "suspension of the sale of Pepsi-Cola our global beverage brands in Russia, including 7 Up and Mirinda [and] capital investments and all advertising and promotional activities in Russia." [138] The company maintained its positioning of bottled water as "healthy and convenient", while also beginning to partially offset environmental impacts of such products through alternate means, including packaging weight reduction. [59] PepsiCo ranked No. Its emerging brands include Bare Snacks, Off The Eaten Path and Popcorners. [166], Changes to the composition of its products with nutrition in mind have involved reducing fat content, moving away from trans-fats, and producing products in calorie-specific serving sizes to discourage overconsumption, among other changes. It took its name in 1965 when the Pepsi-Cola Company merged with Frito-Lay, Inc. Over the course of more than 100 years, PepsiCos Latin America business has grown to become one of the strongest food and beverage manufacturers in the region by working closely with local entrepreneurs and investing in lasting win-win partnerships with our suppliers and farmers, investors, consumers, and communities. This is the first product to bring probiotics to the mainstream juice aisle. At the Board level, the Sustainability, Diversity and Public Policy Committee oversees key water risks and practices. bubly, a sparkling water that comes in 12 different flavors, launches in the U.S. PepsiCo, the National Football League and other partners team up at Super Bowl LII in Minneapolis, Minnesota to reduce waste and increase recycling. Awarded to PepsiCo by His Royal Highness the Prince of Wales for demonstrating a commitment to, and driving momentum toward, the creation of genuinely sustainable markets. 2009. Opened June 2012. The bottle is made from plant-based materials, such as switch grass, corn husks, and pine bark, and is 100% recyclable. To continue to advance this goal, the Foundation is providing grants over three years to two new water stewardship programs in Latin America and Africa. See if PepsiCo is hiring near you. [169] It also, under voluntary guidelines adopted in 2006, replaced "full-calorie" beverages in U.S. schools with "lower-calorie" alternatives, leading to a 95 percent reduction in the 2009 sales of full-calorie variants in these schools in comparison to the sales recorded in 2004. Ramon Laguarta named chief executive officer of PepsiCo, succeeding Indra Nooyi. PepsiCo supports the principles of circular water within our company-owned manufacturing operations and third-party manufacturers. [129] In 2007, PepsiCo's then-CEO Indra Nooyi made a trip to India to address water usage practices in the country, prompting prior critic Sunita Narain, director of the Centre for Science & Environment (CSE), to note that PepsiCo "seem(s) to be doing something serious about water now. For example, the company's manufacturing facilities are designed with high-output assembly lines. PURCHASE, NY. [citation needed] Its activities in regards to the pursuit of its goalsnamely environmental impacts of production and the nutritional composition of its productshave been the subject of recognition from health and environmental advocates and organizations, and at times have raised concerns among its critics. PepsiCo has maintained a philanthropic program since 1962 called the PepsiCo Foundation,[107] in which it primarily funds "nutrition and activity, safe water and water usage efficiencies,[108] and education," according to the foundation's website. In 2021, PepsiCo spent just over 752 million U.S. dollars on research and development. Other competitors for soda are RC Cola, Keurig Dr. Pepper, and independent brands varying by region. [67], PepsiCo's European presence expanded in Russia in 2009 as the company announced a US$1B investment,[79] and with its acquisition of Russian juice and dairy product brand Wimm-Bill-Dann Foods in December 2010 and Lebedyansky juice producer in March 2008. We assess operational water efficiency against our peers, in both beverage and food production, based on publicly-available information as well as against peer company commitments and information shared with us through industry groups. Our company is made up of seven divisions: PepsiCo Beverages North America; Frito-Lay North AmericaFrito-Lay North AmericaThe primary snack food brands and products produced under the Frito-Lay name include Fritos corn chips, Cheetos cheese-flavored snacks, Doritos and Tostitos tortilla chips, Lays potato chips, Ruffles chips, and Walkers potato crisps (distributed in the UK and Ireland under the Walkers brand and in the rest of Europe https://en.wikipedia.org wiki Frito-LayFrito-Lay Wikipedia; Quaker Foods North America; Latin America; Europe; Africa, Middle East and South Asia; and Asia Pacific, Australia/New Zealand and Greater China. PepsiCo enters into a definitive agreement to acquire BFY Brands, the maker of PopCorners snacks. Dairy Market With European-Style Premium Yogurt", "Muller Quaker Dairy JV ends in disappointment, but what went wrong? In high water-risk areas, PepsiCos new best-in-class efficiency standard would reduce our company-owned operational water-use by 50% by 2030 compared to a 2015 baseline. Pepsi-Cola Manufacturing (Mediterranean) Limited : Bermuda. In this setting, PepsiCo was perceived by India-based environmental organizations as a company that diverted water to manufacture a discretionary product, making it a target for critics at the time. [166] Also in 2009, PepsiCo's Tropicana brand introduced a new variation of orange juice (Trop50) sweetened in part by the plant Stevia, which reduced calories by half. E arlier this week, PepsiCo Beverages North America (PBNA) broke ground on its new 1.2 million-square-foot manufacturing facility at the Denver High Point development area in . PepsiCo continues long tradition of support for veterans by sponsoring a team of bicyclists racing across America to raise money for wounded veterans. [9] In 1965, the Pepsi-Cola Company merged with Frito-Lay, Inc. to become PepsiCo, Inc. At the time of its foundation, PepsiCo was incorporated in the state of Delaware and headquartered in Manhattan, New York. In 2021, through our projects across the globe, we replenished more than 6.1 billion liters of water, or 34% of the water we consumed in our company-owned manufacturing facilities in high-risk watersheds. The plant has been owned by PepsiCo since the acquisition of Pepsi Bottling Group in February 2010. [50] Pepsi-Cola Management and Administrative Services, Inc. United States, Delaware. Also in that year, PepsiCo brand Naked Juice began production and distribution of the first 100 percent post-consumer recycled plastic bottle. He coined the name "Pepsi-Cola" in 1898 marketing the drink from his pharmacy in New Bern, North Carolina. ", "Food firms take up first lady's challenge", PepsiCo, FritoLay and Pepsi-Cola Annual Reports (1938-2017), https://en.wikipedia.org/w/index.php?title=PepsiCo&oldid=1129521135, This page was last edited on 25 December 2022, at 21:43. While we can make a significant impact in water stewardship through the actions we take across our value chain, we also have opportunities to help mitigate water insecurity on a broader level, through advocacy for improved water governance and through increased collective action. Environmental advocacy organizations including the Natural Resources Defense Council and individual critics such as Rocky Anderson (mayor of Salt Lake City, Utah) voiced concerns in 2009, noting that the company could conserve additional water by refraining from the production of discretionary products such as Aquafina. 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