Pepsi Bottling Ventures plans to install a new state-of-the-art bottling line at its production facility in Winston-Salem, North Carolina. The $35 million project is expected to create 10 jobs.

The line will improve efficiencies in the company's manufacturing operations by optimizing production capacity for some of the bottler's largest growing brands, including Aquafina and Lipton Tea, and PBV-owned brand Nature's Twist, according to company officials. Construction is scheduled to start in 2023 with oprations by the end of 2024.

"This investment is a promise to our customers and consumers that we will continue to meet their beverage needs and demonstrates our long-term commitment to the region and the State of North Carolina," said Derek Hill, President & CEO of PBV. "We're excited about the opportunities that this new line will afford us as we focus on innovation and improving efficiencies. This investment allows us to continue operating at our best and ensures stable and well-paying jobs for years to come."

The new bottling line will produce millions of cases of beverages per year and can manufacture bottles made from 100-percent recycled material.

"Staying connected to the needs of our customers and consumers is at the forefront of how PBV runs its operations," said Matthew Bucherati, Senior Vice President of Operations & Supply Chain at PBV. "Running our operations responsibly and sustainably is paramount. This new line incorporates the latest bottling technology, allowing us to keep up with demand while remaining good stewards in communities where we operate. I'm very proud of this investment and what we're able to deliver to our customers and consumers."

Pepsi Bottling Ventures is the largest privately-held manufacturer, seller, and distributor of PepsiCo beverages in North America, a joint venture of Suntory Group and PepsiCo. Headquartered in Raleigh, North Carolina, PBV has operations in North Carolina, South Carolina, Maryland, and Delaware.