Frito-Lay shutting down production at Southern California plant

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  • Frito-Lay (NASDAQ:PEP) is shutting down production at its Rancho Cucamonga plant in Southern California after 50 years in operation.
  • Although no reason was given for the decision, Frito-Lay North America (“FLNA”), a division of PepsiCo (NASDAQ:PEP) reported an 11% decline

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