PEP · News · 20261020N
Manufacturing Footprint Optimization
PEPSICO INC · 2026-10-20 · Importance 31 · Surprise 42 · In source text
PepsiCo closed its Knoxville, Tennessee, bottling plant amid weakness in its soft drinks business. The closure resulted in 112 layoffs, while PepsiCo is retaining sales and delivery operations in the Knoxville market. The action indicates a reduction in beverage manufacturing capacity as part of the company’s turnaround and cost-reduction efforts.
Key facts
- PepsiCo closed its bottling plant in Knoxville, Tennessee. source
- Despite the plant closure, PepsiCo will maintain sales and delivery operations in Knoxville. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | negative | realized | — | PepsiCo closed its bottling plant in Knoxville, Tennessee. |