Sector News

Ferrero invests $75m, opens its first chocolate factory in North America

May 11, 2024
Consumer Packaged Goods

Ferrero North America has opened its first chocolate processing facility in North America, marking its third globally.

The project – the result of a $75 million investment – has seen 70,000-square-feet added on to Ferrero’s manufacturing campus in Bloomington, Illinois. The site will produce chocolate for some of Ferrero’s popular brands including Kinder, Ferrero Rocher, Butterfinger and Crunch.

Alanna Cotton, president and chief business officer of Ferrero North America, said: “Bringing Ferrero’s decades of experience making high-quality, world class chocolate to Illinois – the heart of America’s food and confections industry – is going to help us achieve our goal of being the sweets and treats leader in the market. Ferrero and Bloomington are going to be greater together for years to come.”

The Ferrero manufacturing campus in Bloomington manufactures Crunch, 100 Grand and Raisinets, as well as now processing chocolate. The campus will also soon house a new $214 million Kinder Bueno production facility, expected to create 200 new jobs when it opens later this year.

Bloomington Mayor Mboka Mwilambwe commented: “Ferrero’s investments have been a key driver of the incredible growth of our community. I look forward to prospering together for years to come.”

The chocolate processing facility is part of Ferrero’s overall growth and investment in North America – last year, the company opened its new innovation centre and R&D labs in Chicago.

By Phoebe Fraser

Source: foodbev.com

comments closed

Related News

May 17, 2024

IFF announces CFO retirement plan

Consumer Packaged Goods

IFF has announced that its chief financial and business transformation officer, Glenn Richter, will retire on 31 December 2024, following a three-year tenure with the company. IFF has initiated the process of selecting a successor for the CFO position, considering both internal and external candidates.

May 17, 2024

Saputo’s president and CEO to depart from role

Consumer Packaged Goods

Saputo has announced that its president and CEO, Lino Saputo, will transition to the role of executive chair of the board. The transition is set to take place on 9 August, when Carl Colizza, the company’s current president and COO for North America, will assume the position.

May 17, 2024

Nestlé to invest BRL 1bn to strengthen Brazilian coffee sector

Consumer Packaged Goods

The coffee giant said the funding will be used to install new tech, such as roasting equipment, increasing production line flexibility to make new products and flavours – including higher value-added products, – and technology updates to improve sustainability.

How can we help you?

We're easy to reach