Pepsi Cola Products Philippines (PCPPI) is investing PHP650m ($14.5m) to build a new snack foods manufacturing facility in the Philippines.
Expected to be initiated in the second half of 2015, the new manufacturing facility will produce, sell and distribute snack food products in the country.
PCPPI's snack foods business is part of the company's plan to expand product offerings and complement its existing beverage business in the country.
In Philippines, PCPPI is the exclusive bottler of PepsiCo beverages, with brands including Pepsi, Mountain Dew, Mirinda, Gatorade and Tropicana.
Source:
http://savorysnacks.food-business-review.com/news/pepsi-to-build-snack-foods-manufacturing-facility-in-philippines-190914-4378919