Performance With Purpose: The Promise Of PepsiCo 1

Talent SustainabilityCommunityone course from our award-winningFinance University. And, more than1,000 non-finance associates completedone or more Finance University coursesin 2010 with the aim of increasing theirskills and improving their performancein their current roles. In another traininginitiative, supporting our commercializationcompetencies, a robust andcontinuously updated sales and customermanagement curriculum is available forall U.S. sales professionals. And, toenable us to deliver on our Research &Development (R&D)-related goals, weA PepsiCo associate doing a final quality checkon the Pepsi line at PepsiCo’s Chongqing facility;China’s first “green” beverage plant is an exampleof our commitment to create jobs locally.launched an R&D curriculum in 2010,available to our associates globally.Meanwhile, our operating groups continuedto provide training for theirfrontline sales and operations teams.We were pleased last year to be namedby Actualidad Económica magazineas “One of the Best Companies in Spain”for investment in training.44Create local jobs byexpanding operations indeveloping countries.In 2010, we announced numerousinvestments that will lead to job creation,including $2.5 billion in Chinaover the next three years (in addition tothe company’s $1 billion investmentannounced in 2008); $250 million inVietnam over the next three years; and$3 million in Peru over the next threeyears. We also signed a memorandumoutlining plans to invest $140 millionto build our tenth plant in Russia — partof a $1 billion investment programannounced in 2009. The number ofjobs created by these investments willbe determined in the next few years.Meanwhile, last year we expanded ourSangareddy and Mahul beverage productionfacilities in India, as well astheir corresponding beverage and foodsales organization, creating 5,000 directand indirect jobs. In Brazil, we grewproduction in São Paulo and Feira deSantana, and opened up a new businessunit in Cachoeiro do Itapemirim,that created 360 jobs. Meanwhile, weare also creating jobs in the U.S. Theinvestments we are making in our newGlobal Nutrition Group is one example,with many new positions based inChicago, while in Virginia the SabraDipping Company joint venture openedits new manufacturing plant inColonial Heights.45