# PepsiCo to invest NIS 320 million in SodaStream plant expansion in southern Israel

PepsiCo plans to invest NIS 320 million to expand SodaStream's plant in the Idan Hanegev Industrial Park near Rahat, adding 1,000 jobs to the existing 1,500 staff, and is seeking a NIS 80 million government grant.

- Type: Expansion
- Announced: 2019-11-24
- Where: Idan Hanegev Industrial Park near Rahat, Israel
- Value: $91.0M (320.0M ILS)
- Jobs: 1,000
- Status: announced
- Products: home soda makers

## Companies

- [PepsiCo](https://endata.com/companies/2989.md)
- [SodaStream](https://endata.com/companies/5820.md)

## Sources

- [en.globes.co.il](https://en.globes.co.il/en/article-pepsico-to-invest-in-sodastream-plant-expansion-1001308377), 2019-11-24: "Pepsico, which acquired Israeli company SodaStream over a year ago, is planning expansion of SodaStream's plant in the Idan Hanegev Industrial Park near Rahat at an investment of NIS 320 million."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.