Frito-Lay announced an $8.3 million redevelopment of its Arlington bean dip facility. The construction work began on May 3.
According to The Dallas Morning News, the project focuses primarily on upgrading the plant’s storage and packaging areas. The work is anticipated to be completed in early November of this year.
The Florida-based engineering firm, Haskell, has partnered with Frito-Lay North America to perform the renovations. Haskell had previously connected with the food company to enhance its supply chain operations through infrastructure changes in 15 states, including Texas.
Last year, Frito-Lay revealed it would also invest $200 million in Rosenberg, Texas, to expand a manufacturing plant and increase production of Funyuns and tortilla chips.
In 2019, the company introduced a multi-year program to strengthen the supply chain and manufacturing capacities. Since then, the company has integrated automation and other improvements into Frito-Lay facilities. Last year, the manufacturer announced it would extend the “2019 Productivity Plan” through 2026 at a cost of $3.5 billion.
In the second quarter of 2022, Frito-Lay generated $4.8 billion in revenue, up 14% from the same period the year before, earning its parent company, PepsiCo, $1.3 billion in profit.
In the early 1930s, Frito-Lay began as two separate companies. They later combined in 1961 to establish Frito-Lay, and in 1965, it became a PepsiCo subsidiary.
The 1965 merger allowed Frito-Lay to distribute its snacks internationally, as PepsiCo had existing business in 108 countries at the time. PepsiCo had also planned to sell Frito-Lay snacks alongside Pepsi-Cola soft drinks, but the Federal Trade Commission rejected the idea.
Lay’s potato chips, Fritos corn chips, Cheetos cheese-flavored snacks, Doritos, and Tostitos tortilla chips are among the Frito-Lay snack foods. One-third of PepsiCo’s annual operational profit comes from Frito-Lay North America.
