INTERNATIONAL

Pepsico Plans Huge Investment in Spain: Pepsico Inc. said it will invest $1 billion in Spain over the next five years. “This is one of the most comprehensive and aggressive investment programs we’re taking on anywhere in the world,” Chairman Wayne Calloway said in Madrid. He forecast that revenue from the company’s Spanish operations will double to $1 billion by 1997. As part of the investment, Pepsico will upgrade its bottling plants and expand its restaurant operations in Spain, Calloway said. It will also set up a computer marketing system to monitor Spanish sales.