Frito-Lay Building New $8 Million Distribution Center in New York

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Researched by Industrialinfo.com (Industrial Information Resources, Incorporated; Houston, Texas). Frito-Lay Company (Plano, Texas), a division of PepsiCo (NYSE: PEP) (Purchase, New York), is currently constructing a new $8 million product distribution center in Henrietta, New York.

The project has been in the works since May of this year. The company currently has design-build firm, The Haskell Company (Jacksonville, Florida), on site, finishing up site grading and foundation work, in preparation for the building construction portion of the job, which is expected to get started by next week.

Plans call for construction of a 43,000 square foot building on 15.7 acres at 70 Ridgeland Road that will be almost five times larger than the building the company currently operates out of in Henrietta.

The super energy-efficient $8.8 million building will include a new office area, multiple shipping and receiving docks, storage racking, material handling equipment, and a high-end roof, with monitoring systems throughout the center.

Construction is scheduled to be completed by February 2005. The company intends to relocate existing staff and hire an additional eleven employees when the center becomes fully operational.

In February 1965, the Board of Directors for Frito-Lay, Incorporated and the Pepsi-Cola Company announced a plan for the merger of the major beverage company with the snack foods company. The merger was approved on June 8 by the shareholders of both companies. As a result, a new company called PepsiCo, Inc. was formed, with Frito-Lay and Pepsi-Cola becoming separate operating divisions. Today, PepsiCo Incorporated is a $29 billion corporation, ranked 62nd in the 2002 Fortune 500.