Plano's Frito-Lay Project Receives $1.125 M Texas Enterprise Fund Grant
Frito-Lay IT Project Adding 125 jobs; $50M in Infrastructure
Frito-Lay North America has received a $1.125 million grant from the Texas Enterprise Fund to launch a long-term project that will install business management software throughout the Plano-based company, creating 125 jobs in the process. The project also will create more than $50 million in business infrastructure. The Texas Enterprise Fund is controlled by the governor and used to recruit companies that want to relocate or expand to Texas.
Frito-Lay’s project is the next step in parent company PepsiCo’s multi-year plan to convert and upgrade the company’s business management software throughout product lines and divisions. The state’s investment will support the team responsible for the software conversion. (7/2/10)