Pepsi Bottling Ventures Will Build New Facility in Cabarrus County

RALEIGH, N.C. -- Pepsi Bottling Ventures will invest over $12.5 million in constructing a new 200,000 square-foot sales and distribution facility located on 32 acres off highway 49 in the Town of Harrisburg. The new operation will allow Pepsi Bottling Ventures to retain more than 200 current jobs and consolidate both the Charlotte (South Boulevard) location, as well as the Midland, NC location into a single facility. It is anticipated that all employees from both locations will transfer to the new facility upon completion, tentatively scheduled for June 2016. The sales and distribution center will support the significant growth anticipated by PBV in the Charlotte market for years to come. Pepsi Bottling Ventures purchased the Charlotte area franchise in a territory swap with PepsiCo in mid-2013.
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"Harrisburg is the ideal location for our company, given its central location in our service area and its accessibility for our current employees and easy highway access to distribute our Pepsi products," said Claire Niver, SVP of Human Resources and Corporate Affairs. "We appreciate the support we have received from the Town of Harrisburg and Cabarrus County, making it possible for us to expand here," she added.

"Pepsi has been a valued corporate partner in Cabarrus County since 1988," said Harrisburg Mayor Steve Sciascia. "Harrisburg is pleased that through our joint partnership with Cabarrus County and Cabarrus Economic Development, we're able to retain a prominent employer and keep these jobs in Cabarrus County."

"Pepsi has a long history in Cabarrus County. We are extremely happy that as the County grows, we're able to meet Pepsi's growing needs," said Cabarrus County Board of Commissioners Chair Steve Morris. "Pepsi is a proven supporter of our community. Their investment in our people and infrastructure will widen our tax base, which translates to more opportunities for our citizens."

Cabarrus Regional Chamber and Economic Development Corporation, working with the Town of Harrisburg and PBV, believes that this is a great win for Harrisburg. "Pepsi is excited about investing in Harrisburg and I am glad that we had the right property for them to build their new expanded facility. They will be a great partner for our area," said Margie Bukowski, Vice President of Cabarrus Economic Development.

The Town of Harrisburg votes in May on approval of approximately $200,000 in intersection improvements at Hwy. 49 and Cedar Ln. The Cabarrus County Board of Commissioners has awarded the project a grant totaling $371,875 over five years, in the form of a property tax rebate in accordance with the County's Economic Development Grant Program.

North Carolina-based Pepsi Bottling Ventures is the largest privately held bottler of Pepsi-Cola products in North America, operating 21 bottling and distribution facilities that serve consumers in North Carolina, South Carolina, Virginia, Maryland, and Delaware. PBV is a joint venture between Suntory International and PepsiCo. For more information about PBV, visit www.pepsibottlingventures.com.