Pepsi Bottling Ventures is seeking up to $1 million in incentives from the city of Winston-Salem, N.C., to help expand its sales and distribution operations, the Winston-Salem Journal reports.
Local officials told the newspaper that if Winston-Salem is selected for the expansion, the company plans to invest close to $80 million in a move that could create 200 jobs over 10 years. Pepsi Bottling Ventures now employs about 300 at its Myer Lee Drive manufacturing facility that fronts Business 40 east of downtown, according to the newspaper.
The Business Journal reports that the 10-year incentive package from the city, if authorized at a public hearing today, would be used to help pay for land acquisition, site preparation, infrastructure and construction of a new facility.
The company is considering sites within Forsyth County and elsewhere in the Triad.
In 2010, the company announced it would expand its sales and service call center operation in Winston-Salem with the addition of 195 jobs and an investment of $7.5 million over three years. At that time, the company had about 900 employees in Winston-Salem, plus 2,700 more at North Carolina facilities in Charlotte, Cherryville, Midland, Rutherford and Raleigh.
The Myer Lee Drive facility expanded in 1999 to add about 38,000 s.f. of space and production capacity as part of an $11 million investment.