The Capital Region Economic Development Council (CREDC), one of New York State’s 10 regional councils, announced that Pepsi Beverages Company (PBC) invested nearly $10 million in its Latham, NY bottling plant.
The investment enables PBC to replace merchant-supplied bottles being used at the plant with energy-efficient plastic bottles produced onsite.
PBC received $286,000 from the New York State Energy Research and Development Authority (NYSERDA) for the project, which created five new jobs. A total of 325 employees now work at the Latham facility, 167 of them in manufacturing.
The NYSERDA grant to PBC was one of the priority projects funded last year using the $62.7 million the state awarded the Capital Region under the competitive CFA funding process for 2011.
A total of $785 million was awarded to all 10 regional councils put together in 2011. The 2012 CFA funding awards for the regional councils will be announced later this fall.
“The Capital Region Economic Development Council recognized the importance and impact that the Pepsi Beverages Company project would have on the region as it is not only creating jobs in the area, but also developing a more energy efficient bottling production process that will enable this facility to remain competitive,” said Jessica Gabriel, Capital Region regional director for Empire State Development and CREDC executive director.
PBC used the NYSERDA grant to set up an energy efficient blow molding equipment estimated to reduce its energy use by more than 2.4 million kilowatt hours annually, the equivalent of electricity needed to power approximately 350 homes for a year.
Additional energy costs are reduced because bottles no longer need to be transported to the Latham facility, and bottle handling and preparation at the plant is reduced. The change in manufacturing process was a critical move for the New York plant, according to plant officials.
“I congratulate Pepsi Beverages Company for making this commitment to investing in energy efficiency measures that reduce its energy use and provide environmental benefits at the same time,” said Francis J. Murray Jr., president and CEO, NYSERDA.
“PepsiCo prides itself on continually looking for ways to invest in energy-efficient innovations that promote environmental sustainability and productivity,” said Jim Lynch, senior vice president, Supply Chain, PepsiCo Americas Beverages. “This manufacturing process change makes the Latham facility a leader in our industry.”