Owner PepsiCo. Sign in. With the acquisition of KeVita, a leading creator of fermented probiotic and kombucha beverages, PepsiCo expands its health and wellness offerings in the premium chilled beverage space. [62], In 1992, the Pepsi Number Fever marketing campaign in the Philippines accidentally distributed 800,000 winning bottle caps for a 1 million peso grand prize, leading to riots and the deaths of five people. Order Year April 2011. [173], This article is about the company. 90 percent of all Super Bowl stadium waste is recovered. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. Building on a decade-long, successful partnership with the Inter-American Development Bank (IDB)'s Aqua Fund, the PepsiCo Foundation aims to improve water access and sanitation services across the Latin America region, bringing the Foundation's total investment to over $10 million. Measuring our agricultural water consumption requires the support of hundreds of farmers in a complex global value chain. Over the decades we have invested in our local markets, providing support to farmers through our Sustainable Farming Program as well as partnering with numerous NGOs to improve the livelihoods of communities where we operate.PepsiCo Europe is headquartered in Geneva, Switzerland, and led by Silviu Popovici, CEO of Europe. Published by M. Ridder , Apr 8, 2022. PepsiCo, Inc. is an American multinational food, snack, and beverage corporation headquartered in Harrison, New York, in the hamlet of Purchase. In 2020, PepsiCo acquired Pioneer Foods, a leading food and beverage company in South Africa, adding its robust, well-known brands among them Weet-Bix, Bokomo and Ceres to PepsiCos portfolio.The Pioneer Foods acquisition is key to PepsiCos growth strategy across the entire African continent. PepsiCo (PEP) announced over the weekend that it has offered about $6 billion to complete its stakes in its two largest bottlers, Pepsi Bottling Group (PBG), of which it already owns 33%, and PepsiAmericas (PAS), of which it already owns 43%. Once operational, it will produce a wide range of products, including Pepsi, Pepsi Zero, Gatorade, bubly, Rockstar, Propel and Muscle Milk. Dairy Market With European-Style Premium Yogurt", "Muller Quaker Dairy JV ends in disappointment, but what went wrong? [117] In late 2010, the refresh project was reported to be expanding to include countries outside of North America in 2011. Find salaries. pic.twitter.com/V2Q6QdpO0N. Japan. 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. One of the American products exhibited was Pepsi Cola. [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. Africa, Middle East & South Asia India Pakistan Saudi Arabia. Brands). Other competitors for soda are RC Cola, Keurig Dr. Pepper, and independent brands varying by region. Pepsi-Cola introduces Aquafina bottled water. ", "Sabra 'well on its way' to becoming our next $1bn brand, says PepsiCo", "The Surprising Rise of Hummus in America", "IBISWorld - Industry Market Research, Reports, and Statistics", "PepsiCo President Zein Abdalla to retire", "American Can Co. Plans to Leave City; Plans to Go to Greenwich", "$2,000,000 is Paid for City Building; 500 Park Ave. Both companies stopped production of PepsiCo products on October 10. Pepsi Bottling Ventures is a major force in the soft drink industry. PepsiCo acquires Tropicana Products from Seagram Company LTD., the biggest acquisition ever undertaken by PepsiCo. All. Mountain Dew launches their first ad campaign. To be part of a progressive company that's transforming into a global digital leader. In 1962, the groundbreaking decision by a growing soda company to promote the first African-American to the rank of vice president forever changed the makeup of corporate America. 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. PURCHASE, NY. Meet the people of PepsiCo who create consumer experiences that inspire more than a billion smiles a day. 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. We designed our campus programs to give you the foundation you need to learn, develop and grow into your next big opportunity. This division also owns and produces the Pearl Milling Company brand, which as of 2009 was the top selling line of syrups and pancake mixes within this region. [151][152] The use of resin to manufacture its plastic bottles has resulted in reduced packaging weight, which in turn reduces the volume of fossil fuels required to transport certain PepsiCo products. PepsiCo introduces Lay's brand potato chips in 20 markets throughout the world. [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. Pepsi Bottling Ventures has 18 locations in North Carolina, South Carolina, Maryland, and Delaware. Bradham's company experienced years of success leading up to World War I. [91][92] The Strauss Group produces and distributes Frito-Lay products in Israel. In 2021, we withdrew approximately 86 million cubic metersof water across all company-owned operations approximately 20% from regions of high water-risk. United States: Keeseville: 1524 U.S. 9: United States: Plano: 5600 Headquarters Dr: Argentina: Buenos Aires: Av. PepsiCo's investments under the new Green Bond will focus on key environmental sustainability initiatives under the pep+ agenda. Telephone: +1 (914) 253-2000 Address Line 1: 700 Anderson Hill Road City: Purchase Address Area: New York Area Code: 10577 Province: New York Country: United States. Even if a product shows available in our locator, the product may not be on-shelf. Location. This facility - in addition to the 15 PepsiCo manufacturing and distribution locations around the state of Indiana - is a strong testament to our teams' passion and commitment to succeed on every level." . We support existing collaborative efforts to address water risk and mitigate water insecurity. Type: Company - Public (PEP) Industry: Food & Beverage Manufacturing. By raising our efficiency standard at 99 company-owned sites in high-risk watersheds, PepsiCo aims to avoid using more than 11 billion liters of water a year. Headquartered in Harrison, New York, in the hamlet of Purchase, with research and development headquarters in Valhalla, New York, PepsiCo's Chairman and CEO is Ramon Laguarta. PepsiCo CEO Donald M. Kendall assumes position of chairman of the board of directors upon the retirement of Herman W. Lay. The Quaker Oats Company merged with PepsiCo in 2001. Estimated Investment. [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." PepsiCo officially inaugurated the plant in July 2012. [115] Following the Gulf of Mexico oil spill in the spring of 2010, PepsiCo donated US$1.3 million to grant winners determined by popular vote. In 2019 we launched pilot projects to adopt the AWS Standard at high water-risk facilities in South Africa, Pakistan and Mexico, with a fourth pilot launched in the United States in 2020. Stock Information Shareholders Services Investor Contacts. What body type do mom jeans look good on? [50] As a result of mergers, acquisitions, and partnerships pursued by PepsiCo in the 1990s and 2000s, its business has shifted to include a broader product base, including foods, snacks, and beverages. [140][141] The ensuing dispute prompted a short-lived ban on the sale of PepsiCo and The Coca-Cola Company soft drinks within India's southwestern state of Kerala in 2006;[142] however this ban was reversed by the Kerala High Court one month later. Pepsico Global Sites. Discover more about our products, their nutrition information and where to buy. With the introduction of Pepsi Spire, a portfolio of innovative fountain beverage dispensers, consumers can create more than 1,000 customized beverages with the touch of a button. PepsiCo Palm Oil Commitments[122] published in May 2014 were welcomed by media as a positive step towards ensuring that the company's palm oil purchases will not contribute to deforestation and human rights abuses in the palm oil industry. [130], Water usage concerns have arisen at times in other countries where PepsiCo operates. [166] Since 2007, the company also made available lower-calorie variants of Gatorade, which it calls "G2". Whether its their soda or their snacks, Pepsi is a leading brand worldwide. The weight of Aquafina bottles was reduced nearly 40 percent, to 15grams, with a packaging redesign in 2009. On October 3, 2019, PepsiCo announced that they will leave Indonesia after terminating their partnership with local distributor PT Anugerah Indofood Barokah Makmur (AIBM). We aim to reduce our freshwater footprint as much as possible in all company- and third-party-owned manufacturing facilities in high water-risk areas and we are employing a range of creative solutions to do that. See insights on PepsiCo including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. PepsiCo targets African growth with offer to acquire Pioneer Foods, a leading food and beverage company in South Africa, whose brands include Weet-Bix, Liqui-Fruit, Ceres, Sasko, Safari, Spekko, and White Star. Talent & Culture Fostering an inclusive workplace for associates with disabilities Oct 19th, 2022. 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. PepsiCo's businesses in these regions, as of 2015, contributed 10 percent to the company's net revenue worldwide. The new facility will aim to achieve 100% renewable electricity, best-in-class water efficiency, and reduced virgin plastic use, PepsiCo said. However, PepsiCo maintained it had a "responsibility" to continue to sell "milk and other dairy offerings, baby formula and baby food", and that "[b]y continuing to operate, we will also continue to support the livelihoods of our 20,000 Russian associates and the 40,000 Russian agricultural workers in our supply chain". Colombia Mexico United States Venezuela. The $100m facility is located near the north east corner of Rainbow Boulevard and Sunset Road, adjacent to the 215 Beltway. 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[134] In the United Kingdom, also in response to regional drought conditions, PepsiCo snacks brand Walkers' reduced water usage at its largest potato chip facility by 45 percent between the years 2001 and 2008. [139] PepsiCo denied the allegations, and India's health ministry has also dismissed the allegationsboth questioning the accuracy of the data compiled by the CSE, as it was tested by its own internal laboratories without being verified by outside peer review. 1,685 Jobs. Where are PepsiCo manufacturing plants located? In 1961, the company merged with the Frito Company, becoming Frito-Lay Inc., and in 1965, Frito-Lay Inc. merged with Pepsi-Cola to form PepsiCo. Soon after that, he purchased the manufacturer and formed H.W. 4141 ParkLake Avenue, Suite 600 Raleigh, NC 27612 . According to PepsiCo, the new facility will be its largest, most sustainable PBNA plant in the United States. [64], In addition to the production and sales of several worldwide Pepsi-Cola, Quaker Foods, and Frito-Lay beverage and food product lines (including Pepsi and Doritos), this segment of PepsiCo's business markets regional brands such as Mirinda, Kurkure, and Red Rock Deli, among others. 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. In 1959, the USSR held an exhibition of Soviet technology and culture in New York. Pepsi takes "one giant sip for mankind" when a Pepsi "space can" is successfully tested aboard the Space Shuttle. [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. Also in that year, PepsiCo brand Naked Juice began production and distribution of the first 100 percent post-consumer recycled plastic bottle. In response PepsiCo has made public comments on its commitment to minimizing their impact but has not released public information documenting progress on most of its public commitments. The PepsiCo headquarters are located in the hamlet of Purchase, New York, in the town and village of Harrison, New York. [171][172], In 2010, Michelle Obama initiated a campaign to end childhood obesity (titled Let's Move! [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. The Coca-Cola Company. [165] To meet this intended target, the company has said that it plans to acquire additional health-oriented brands while also making changes to the composition of existing products that it sells. Tropicana & Gatorade in its 22-brand portfolio, PepsiCo is one of India's largest food & beverage enterprise. The construction commenced in 2007 and was completed in 2008. This method uses enzymes to dissolve plastic very thoroughly and the final leftovers can be used to produce textiles. In 2021, PepsiCo spent just over 752 million U.S. dollars on research and development. And we stand for whats right. Introduction of Funyuns Onion Flavored Rings in U.S. invented by Frito-Lay employee George Bigner. Americas. Beyond Meat + PepsiCo's PLANeT Partnership debuts the joint venture's first product, at retailers in the U.S. By Eric Schroeder. . Sierra Mist lemon-lime soda launches in U.S. Frito-Lay opens first environmentally responsible, certified "green" distribution center in Rochester, N.Y. Indra Nooyi named chairman and chief executive officer of PepsiCo, succeeding Steve S. Reinemund. The company agrees to work with tomato farmers in Punjab, a pioneering model of public-private partnership that PepsiCo continues to embrace today. [105] Six months later, the company announced that it was moving to 112 acres (45ha) on the Blind Brook Polo Club in Purchase.[106]. We help farmers access more efficient irrigation equipment, support best practices for scheduling and maintenance, and enable the transition from flood irrigation to more efficient methods, such as drip irrigation. PepsiCo also produces and distributes the soft drink 7UP in Europe via license agreement. [62] On a worldwide basis, the company's current products lines include several hundred brands that in 2009 were estimated to have generated approximately US$108billion in cumulative annual retail sales. Providing 100 million people safe water access by 2030 (baseline year 2006). We packed the Cheesy Enchilada taste you love into our newest @tostitos Dip! 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. Find jobs. We have set standards for ourselves and our supply chain that support our vision for net positive water impact, and ultimately a Positive Value Chain. Herman W. Lay created the first national potato chip brand in the U.S. Location Wuhan, China . PepsiCo becomes a leading juice company in Russia with the acquisition of Lebedyansky. PepsiCo purchases Kentucky Fried Chicken (KFC). Food & Beverage - Public. PepsiCo announces a more than $400 million set of initiatives over five years to support Black and Hispanic communities and increase representation at PepsiCo. All these manufacturing units of PepsiCo maintain international quality and manufacturing standards. Spain Turkey Ukraine United Kingdom . And with every project, brand and initiative that you are part of, youll be doing good for the planet and for our communities. The company's beverage distribution and bottling is conducted by PepsiCo as well as by licensed bottlers in certain regions. IMAG!NE snacks, which are made with real ingredients like cheese, apples and cranberries, help to reimagine snack time. Now WE know em", "The Donald M. Kendall Sculpture Gardens", "PepsiCo Company Description (as filed with the SEC)", "PepsiCo to move to Nasdaq after nearly a century with NYSE", "PepsiCo sells Hot 'n Now, eyes other divestitures", "Marie Callender Parent Buys East Side Mario's Chain", "Pepsico Selling California Pizza Kitchens to Investment Fund", "Pepsi Acquisition of WBD Goes Much Deeper Into Russia", "Amer Group to Acquire Wilson Sporting Goods", "Norfolk Southern Corp. to Acquire North American Van Lines", "What PepsiCo hopes to gain from the merger with its two largest bottlers", "PepsiCo to Buy Rest of Russian Beverage Company", "Pepsi Concludes Wimm-Bill-Dann Buy In Largest Ever Foreign Acquisition Of Russian Company", "PepsiCo and Germany's Theo Muller Group to Enter U.S. The AMESA sector covers a wide span of developing and emerging markets, including the key countries of Egypt, India, Saudi Arabia, Pakistan and South Africa. $1bn. Subscribe to Food Business News' free newsletters to stay up to date about the latest food and beverage news. SodaStream, which PepsiCo acquired in 2018 is based in Israel, while Sabra (which PepsiCo co-owns with the Israeli food conglomerate Strauss Group) holds a 60% market share for hummus sales in the United States as of 2015. The new plant is the first in central China. MTN DEW brings its bold, boundary-pushing style to the world of gameplay with the launch of GAME FUEL. In addition, FLNA, through a joint venture with Strauss Group, makes, markets, distributes and sells Sabra refrigerated dips and spreads. PepsiCo broadened its product line substantially throughout the 1990s and 2000s with the acquisition and development of what its CEO deemed as "good-for-you" products, including Quaker Oats, Naked Juice, and Tropicana orange juice. Pepsi-Cola Manufacturing International, Limited : Bermuda. PepsiCo is working to ensure that all associates have the tools they need to achieve their maximum potential. 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. Lay Company, produces the top-selling line of snack foods in the U.S. Its main brands in the U.S., Canada, and Mexico include Lay's and Ruffles potato chips; Doritos tortilla chips; Tostitos tortilla chips and dips; Cheetos cheese flavored snacks; Fritos corn chips; Rold Gold pretzels; Sun Chips; and Cracker Jack popcorn. Pepsi products are sold in a whopping 200 countries, and they are available in almost every country throughout the world. With manufacture and sales of its product under the label 'Pcsi', the advertisement campaign features the Mexican soccer celebrity Cuauhtmoc Blanco. Our Design & Innovation teams strive to bring excitement, refreshment and fun to people through our brands and experiences. 37 - GMO Labeling: Funding Update - Monsanto ($4M), Dupont ($4M), Pepsi ($1.7M), "Public Sparring Between Prop 37 Supporters, Opponents Begins", "Pepsi: Repairing a Poisoned Reputation in India", "Good News! Inspired by the wholesome goodness of the humble oat, Quaker has been the leading expert in oats and committed to making oats delicious and convenient by developing everything from breakfast items to snacks to tasty recipe ideas. [154], In a bid to reduce packaging consumption, in recent years the PepsiCoPartners launched as a service offering carbonated drinks dispensers within the US. PepsiCo Beverages North America (PBNA), a division of PepsiCo, Inc., announced last week that it has acquired nearly 152 acres of land at the Denver High Point development area where it plans to build a 1.2 million-square-foot manufacturing facility. Domodedovo, Russia. Pepsi-Cola Management and Administrative Services, Inc. United States, Delaware. PepsiCo's flagship product, Pepsi Cola has been engaged in a rivalry for generations with Coca-Cola; it is commonly referred to as the cola wars. Guth used Loft's labs and chemists to reformulate the Pepsi syrup recipe, and he used his position as president of the company to replace Coca-Cola with Pepsi Cola at Loft's shops and restaurants. [66] The main brands distributed under this division include Pepsi, Mountain Dew, Gatorade, 7 Up (outside the U.S.), Tropicana Pure Premium orange juice, Sierra Mist, SoBe Lifewater, Tropicana juice drinks, AMP Energy, Naked Juice, and Izze. Bring your courage, confidence and can-do attitude. Aquafina, the company's bottled water brand, is also marketed and licensed through North America Beverages. In 2009, PepsiCo had previously used the same strategy successfully in Argentina. In 1932, Herman W. Lay began a potato chip business in Nashville, Tennessee. Pepsi Bottling Ventures (PBV) Is The Nation's Largest Privately-Held Manufacturer, Seller, And Distributor Of Pepsi-Cola Beverages - Some Of The World's Most Recognized Consumer Brands. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. PepsiCo introduces Winning with Purpose, a framework that brings together our new mission: Create Smiles with Every Sip and Every Bite; our new vision: Be the Global Leader in Convenient Foods and Beverages by Winning with Purpose; and The PepsiCo Way, a set of behaviors that will help PepsiCo to achieve its mission and vision. This deal lasted until 1990, when the USSR and PepsiCo re-negotiated a US$3 billion deal to exchange syrup for vodka and a small fleet of decommissioned Soviet warships including 17 submarines, a frigate, a cruiser and a destroyer. [170] In 2008, in accordance with guidelines adopted by the International Council of Beverages Associations, PepsiCo eliminated the advertising and marketing of products that do not meet its nutrition standards, to children under the age of 12. Guth was also the president of Loft, Incorporated, a leading candy manufacturer based in Long Island City, New York. Find your favorite 1-Atoms/icons/arrow/right@3x, Weve been named a global @topemployer again this year! As of 2015, 22 PepsiCo brands met that mark, including: Pepsi, Diet Pepsi, Mountain Dew, Lays, Gatorade, Tropicana, 7 Up, Doritos, Brisk, Quaker Foods, Cheetos, Mirinda, Ruffles, Aquafina, Naked, Kevita, Propel, Sobe, H2oh, Sabra, Starbucks (ready to Drink Beverages), Pepsi Max, Tostitos, Sierra Mist, Fritos, Walkers. In 1965, Frito-Lay Inc. merged with Pepsi-Cola to form PepsiCo. Location Strategy. 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. In Punjab, a pioneering model of public-private Partnership that PepsiCo continues to embrace today in,. Discover more about our products, their nutrition information and where to buy pepsi. Big opportunity into our newest @ tostitos Dip available in almost every country throughout the world of technology. Also produces and distributes the soft drink industry War I Design & Innovation teams strive to excitement! 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