07 May 2019 11:09 501 reuters.com

Pepsi says to invest $4 billion in Mexico in 2019-2020

PepsiCo Inc said on Monday that it plans to invest $4 billion in Mexico between 2019-2020 with partner Grupo Gepp and create around 3,000 new jobs.

A bottle of Pepsi is seen in this photo illustration taken in Willmette, Illinois February 10, 2015. REUTERS/Jim Young/File Photo

A bottle of Pepsi is seen in this photo illustration taken in Willmette, Illinois February 10, 2015. REUTERS/Jim Young/File Photo


PepsiCo Inc said on Monday that it plans to invest $4 billion in Mexico between 2019-2020 with partner Grupo Gepp and create around 3,000 new jobs.

Pepsi said in a statement that part of the investment will go toward a $109 million new plant in the central state of Guanajuato. The plant should be operating at full capacity by 2025, the company added.

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