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 Texas Enterprise Fund is controlled by the governor and used to recruit companies that want to relocate or expand to Texas.
Aurora Gonzalez, a spokeswoman for Plano-based Frito-Lay North America, said the fund’s interest in Frito-Lay’s IT transformation centers around the project's ability to create more than a hundred jobs.
The software upgrade and IT additions are “significant projects that require specific talents and people to do the work,” Gonzalez added.
The project also will create more than $50 million in business infrastructure, the Office of Governor Rick Perry said Friday when confirming the state’s financial commitment through the TEF fund cash advance flexible payments.
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.
In response to the money allotted by the fund, Gonzalez said Friday, “As always we value or partnership with both the state and certainly with the City of Plano. We value their commitment to us, and we remain committed to them.”