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COMPLETED PROJECTS

PEPSI-COLA BOTTLING COMPANY OF NEW YORK

In March 2006, NYCEDC and Pepsi announced plans for a new distribution facility on a formerly vacant, City-owned property in the Zerega Industrial Business Zone in the Bronx.



	PROJECT HIGHLIGHTS Borough: Bronx $30 million in private investment 170 jobs kept in NYC New facility in Zerega Industrial Business Zone First uptown auto mall in 40 years

Pepsi purchased the site from the City for $4.25 million, and the new distribution facility will spur about $30 million in private investment.

Prior to purchasing the site from the City, Pepsi explored moving some of its operations out of the Bronx to New Jersey.

As a result of this project, the company will stay in New York and keep 80 employees in the Bronx. An additional 90 distribution jobs held by independent contractors will remain in New York City.

The project will enable Pepsi to consolidate distribution operations from two existing Bronx facilities and accommodate future growth.

Pepsi currently has two bottling facilities in Brooklyn and Queens and four distribution facilities throughout Brooklyn, Queens and the Bronx. In total, Pepsi has more than 800 employees in New York City.

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