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VOL. 129 | NO. 52 | Monday, March 17, 2014

Collierville Pepsi Plant Lays Off 55

By Bill Dries

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The Pepsi Beverages Co. plant in Collierville is laying off 55 workers as it shut down soft drink and other beverage production immediately at the plant at 110 S. Byhalia Road, according to a notice the company sent to Collierville city leaders.

The facility will remain open as a warehouse and distribution facility for Pepsi products. That part of the operation employs approximately 100 people.

In North America, PepsiCo has been struggling with a decline in overall soda consumption in the U.S. and loss of market share to rival Coca-Cola. PepsiCo includes the Frito-Lay snack food division, which has prompted some speculation that PepsiCo executives might spin off its soft drink sector to focus exclusively on the Frito-Lay division.

PepsiCo executives said in February they intend to keep the soft drink pairing with snacks.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 76 166 10,044
MORTGAGES 105 195 13,070
FORECLOSURE NOTICES 5 40 2,578
BUILDING PERMITS 216 370 23,894
BANKRUPTCIES 82 152 9,685
BUSINESS LICENSES 42 51 3,654
UTILITY CONNECTIONS 103 264 14,227
MARRIAGE LICENSES 29 53 3,116

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