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In Europe, operation streamlining would impact 200 jobs, while in Mexico, the closure of three plants, 30 distribution centers and 700 routes would impact 2,200 jobs. On February 10, 2009, The Pepsi Bottling Group Inc. reported a net loss of $271 million in the fourth quarter and projected 2009 earnings below analysts' expectations.
In the early 1960s, Pepsi-Cola's product lines expanded with the creation of Diet Pepsi and purchase of Mountain Dew. [8] In 1965, the Pepsi-Cola Company merged with Frito-Lay, Inc. to become PepsiCo, Inc. At the time of its foundation, PepsiCo was incorporated under Delaware General Corporation Law and headquartered in Manhattan, New York.
International distribution of Frito-Lay products expanded soon after the 1965 merger, and its U.S. presence grew at the same time, resulting in Lay's becoming the first potato chip brand to be sold nationwide (in all 50 U.S. states) in 1965. [16] Also at this time, PepsiCo had envisioned marketing Frito-Lay snacks alongside Pepsi-Cola soft drinks.
In 2000, Whitman Corp., a Pepsi bottler, purchased PepsiAmericas and took the acquired company's name. [2] Whitman was founded as the Illinois Central Railroad. [3] It later diversified out of railroads and into Pepsi bottling, going by the names Illinois Central Industries in 1962, IC Industries in 1975 and Whitman Corp. in 1988.
Bottles of Pepsi are pictured at a grocery store in Pasadena, California, on July 11, 2017. ... USA TODAY 'Unimaginable loss': Tragic DC plane crash leaves school communities reeling. Sports.
Center, Louisville's largest arena. The current CEO of Yum! Brands is David Gibbs. Former CEOs include Greg Creed and David C. Novak. [48] Novak became CEO of predecessor firm Tricon Global on January 1, 2000, and chairman of the board on January 1, 2001. [49] Greg Creed replaced Novak in his role as CEO on January 1, 2015. [50]
Reyes Beverage Group is the largest beer distribution organization in the United States [3] representing import, craft and domestic beer brands. The beer distribution operations within Reyes Holdings, LLC, are collectively known as Reyes Beverage Group, distributing over 272 million cases of beer to over 100,000 customers annually.
Until 2004, Tropicana Products was headquartered in the four-story Rossi Office Building in Bradenton, Florida. In 2004, the building, which was completed in 2002, was offered for $20 million. In 2007, it was sold to Bealls of Florida. [38] The 149,000 square foot building was renamed the E. R. Beall Center. [39]