Dive Summary:

• Tingyi, a leading food and beverage company in China, and PepsiCo have officially opened a brand new manufacturing plant in Zhengzhou, China.
• This comes after the two companies formed their strategic alliance earlier this year in an effort to take control of what experts believe will be the largest beverage market by 2015.
• The plant also fulfills the two companies pledge to spurn economic growth in China's central and western regions.

From the article:

"Tingyi a food and beverage company in China, and PepsiCo have officially openedd a new beverage manufacturing plant in Zhengzhou, China. The Zhengzhou PepsiCo Beverages Co, (Zhengzhou Pepsi) facility is the first plant opened since the two companies formed their strategic alliance earlier this year. The new plant is part of Tingyi's and PepsiCo's expansion strategy in China, projected to become the world's largest beverage market by 2015. Tingyi and PepsiCo form strategic alliance in China PepsiCo completes transaction with Tingyi The Zhengzhou plant also delivers on the pledge made by..."