Friday, September 24, 2021

PepsiCo to invest £24m in Lincoln factory

PepsiCo is investing £24 million in its Lincoln factory to upgrade its facilities, meet growing consumer demand for Quavers and secure the listed building’s future.

The investment will see existing machinery at its long-standing city centre site replaced by new equipment – including a compact packaging machine – creating training opportunities for employees including apprentices, some of whom will be upskilled in using the state-of-the-art equipment and technology.

Quavers have continued to grow in popularity over the past year and are now bought by nearly one in three households in the UK. The investment will increase capacity at the factory, enabling the team to produce more Quavers to help satisfy this demand, as well as make space for new production lines.

It also follows PepsiCo’s multimillion-pound investment in its Skelmersdale and Coventry Walkers factories to install specialist compact packaging machinery, leading to a 30% reduction in outer packaging on average across snacks multipacks. The new equipment at Lincoln will help remove even more packaging from the supply chain.

Nigel Beilby, Lincoln site operations manager, PepsiCo, said: “We’ve always had a strong heritage in the Midlands, providing jobs to almost 2,000 people in the region across our factories in Lincoln, Leicester and Coventry.

“For decades, our Lincoln factory has brought much-loved Quavers snacks to consumers up and down the country, and with this state-of-the-art technology, we’re confident that the site will continue to serve the nation for many years to come.”

Kwasi Kwarteng, business secretary, said: “It’s brilliant to see PepsiCo doubling-down on its commitment to Lincoln through this significant investment in the city centre factory Walkers has called home for more than half a century.

“This investment will help to deliver on our plan to spread opportunity across the Midlands by future-proofing the jobs of the factory’s outstanding employees by training them to use state of the art equipment, and further bolstering the workforce through their apprenticeship scheme.”

The new equipment will be installed at Lincoln in mid-2022, with initial work now underway.

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