Pepsi Bottling Ventures LLC said Friday it will create 50 jobs over the next five years at a new $16.5 million distribution center in St. Pauls. The company also pledged to maintain 250 jobs in the area.
Pepsi Bottling Ventures is the nation’s largest privately held manufacturer, seller and distributor of Pepsi-Cola and other beverages. The average annual salary of the new jobs would be $39,500, compared with a $29,579 annual average in Robeson County.
It has been made eligible for up to $150,000 in performance-based incentives from the One North Carolina Fund, as well as a $400,000 grant from the state Economic Infrastructure program.
The company pledged in July 2012 that it would spend at least $81.7 million on new equipment and property over seven years in its Winston-Salem operations, adding 198 jobs to its workforce of 307 at that time. In return, the company has been made eligible for nearly $1.74 million in local incentives.
– Richard Craver