Sector News

Barry Callebaut to Strengthen its Manufacturing Footprint in North America

February 13, 2015
Food & Drink
/newswire/ – The Barry Callebaut Group, the world’s leading manufacturer of high-quality chocolate and cocoa products, announced today the signing of a new, long-term outsourcing agreement with World’s Finest® Chocolate, a family-owned business based in Chicago, IL (U.S.).
 
Under the terms of the agreement, Barry Callebaut will acquire the industrial chocolate manufacturing assets from World’s Finest® Chocolate and lease space at their existing production site in Chicago, thus establishing a new manufacturing base for the Group in the attractive Midwest region1. At the same time, Barry Callebaut will supply all of World’s Finest® Chocolate’s chocolate demand from World’s Finest’s® existing Chicago facility. World’s Finest® Chocolate will use the supplied liquid chocolate to continue their long-standing manufacturing tradition of delivering high-quality finished products.
 
Barry Callebaut will invest CHF 5.1 million (USD 5.7 million / EUR 5.1 million) in fiscal year 2014/15. Deliveries from the new chocolate manufacturing base in Chicago will commence on March 1, 2015. The new site will allow Barry Callebaut to also capitalize on growth opportunities with other customers in the region and further strengthen its manufacturing footprint in North America where it currently operates 11 factories. The company expects the production volume from the new factory to achieve 25,000 tonnes per annum in the near term.
 
Dave Johnson, CEO and President Americas of the Barry Callebaut Group, said: “We feel much honored to have been selected by World’s Finest® Chocolate as their partner of choice. This long-term agreement is another important step to strengthen our services for customers in the fast-growing Midwest region of the United States. It also underscores our position as the preferred partner for outsourcing, one of our key growth drivers.”
 
Edmond Opler, CEO of World’s Finest® Chocolate Inc., said: “Our long-term agreement with the Barry Callebaut Group guarantees the supply of our 75-year-old family recipe continuing to be made in our facility from ‘bean-to-bar’. This partnership allows us to focus our energies on continued growth, manufacturing our finished goods and servicing our many customers.”
 
1 The Midwestern United States, or the Midwest, is one of the four U.S. geographic regions. The region consists of 12 states in the north central United States: Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin.
 
Source: Barry Callebaut

comments closed

Related News

October 2, 2022

Drinktec 2022: In review

Food & Drink

In the lead-up to the world-famous Oktoberfest – which celebrates Bavarian tradition, beer and the festival spirit – Munich was already buzzing with activity by the time the doors opened to Drinktec 2022 on 12-16 September. The atmosphere was lively, with approximately 50,000 visitors from 169 countries in attendance.

October 2, 2022

Alan Jope to step down as Unilever CEO

Food & Drink

Unilever has announced CEO Alan Jope’s decision to retire from the company at the end of 2023, after five years at the helm. The announcement comes less than a year after a failed attempt by Unilever to buy GlaxoSmithKline’s consumer healthcare business and just months after activist investor Nelson Peltz joined the company’s board.

October 2, 2022

Lakeland Dairies names Colin Kelly as next group CEO

Food & Drink

Lakeland Dairies has announced that Colin Kelly will assume the role of group CEO following the retirement of Michael Hanley at the end of the year. Kelly will take up the position in January 2023, while Hanley will step down in December this year.