You are Trying to View a Free Article

Daily News You Can't Find Anywhere Else

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


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.

Subscribe Now! All Fields Required...

Standard Membership - Free