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PepsiCo to Invest Heavily in Automation, an Industrial Info Market Brief

food_beverage

Industry Segment: Food & Beverage | Word Count: 48 Words
Attachment: PepsiCo

Food and beverage producer PepsiCo announced that it expects to incur $2.5 billion in pretax restructuring costs through 2023, with 70% of the charges linked to severance and other employee costs. The company is also planning to "relentlessly" invest in automation and close factories.

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