PepsiCo (NYSE:PEP) has opened a new potato-chip plant in China as part of its global expansion.
PepsiCo To Open China Plant
PepsiCo (NYSE:PEP) has opened its sixth snack plant in China as part of its business expansion in the fast growing market.
The company opened a new lay’s potato-chip plant in Wuhan City, and it w ill also soon open a new research and development center in Shanghai.
PepsiCo (NYSE:PEP) CEO Indrya Nooyi said, “China will be the largest consumer market in the next decade, and PepsiCo aims to be the largest food and beverage company in the market”.
PepsiCo (NYSE:PEP) company shares are currently standing at 69.87.