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Compiled by Chris Woodyard / Times staff writer

Crossing More Borders: Taco Bell already has gone south of the border with its new sidewalk carts in Mexico City. Now it plans to go all the way to South America.

As part of a far-reaching investment agreement by its parent PepsiCo Inc., Irvine-based Taco Bell will start offering its products in Chile next year.

PepsiCo said Wednesday it is investing more than $110 million in Chilean food and beverage operations over the next five years. Its Pizza Hut and Kentucky Fried Chicken units, which already have operations in Chile, also plan to expand their restaurants there.

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