Frankfort, Ind. – The city of Frankfort, Ind., Clinton County and Indiana state officials today announced Frito-Lay, a division of PepsiCo and a leading snack manufacturer, will invest $60 million to expand its operations in the city of Frankfort. The expansion will create 50 new jobs, which builds on the previously announced facility investments totaling $230 million over the last two years. Since announcing its first expansion effort in 2018, Frito-Lay has created 200 new employment opportunities at the site.
The Frito-Lay Frankfort site project will add a new manufacturing line, strengthen capabilities and increase capacity to enable future growth. Construction is set to begin in early 2021, and the project is expected to be completed in early 2022.
“Frito-Lay’s continued financial investment and creation of jobs in Frankfort during these challenging times, reinforces their commitment to strengthening our local economy,” said Mayor Judy Sheets. “I am grateful to the company and everyone who played a role in making this project happen.”
Frito-Lay employs approximately 1,300 full-time associates. Upon completion of the expansion, Frito-Lay will operate 21 snack production lines and sit across 135 acres.
“As we continue to expand our Frankfort operations, we appreciate the support and partnership of state and local officials who have been instrumental to our growth,” said Steve Golliher, supply chain vice president, Frito-Lay.
The Frito-Lay Frankfort facility was considered for this significant investment as a direct result of the collaboration with the mayor and the city’s Finance Committee. City officials have proposed a personal property tax abatement to bring this investment and jobs to the community. Additionally, the Indiana Economic Development Corporation offered Frito-Lay up to $550,000 in conditional tax credits based on the company’s job creation plans.
“It’s encouraging to see companies like Frito-Lay continue thriving despite a year of unprecedented challenges and have the confidence to diversify their capabilities here and expand their presence in our state,” said Indiana Secretary of Commerce Jim Schellinger. “Frito-Lay has been a part of the Frankfort community for more than 40 years, and we’re excited to support their continued success as they grow and create even more quality career opportunities for Hoosiers.”
Additional project details will be announced at a later date. Frito-Lay’s Frankfort manufacturing sites are located at 323 S. County Road 300 West, Frankfort, Ind. 45061 and 2611 W. County Rd. 0 NS, Frankfort, Ind., 46614.
Source: City of Frankfort