Sector News

Ferrero unveils plans innovation center in Chicago pegged for completion in 2023

July 23, 2022
Food & Drink

Ferrero North America, part of the global confectionery company Ferrero Group, has unveiled plans to open an Innovation Center in Chicago’s Marshall Field and Company Building.

The move will take place over two phases, with all current Ferrero Chicago employees moving to a temporary office space while construction is completed on the final space. The final office at the Marshall Field & Co. building is set to be complete by spring of 2023.

The 45,000-square-foot facility will bring Ferrero’s R&D teams throughout the US and house employees from Ferrero’s Old Post Office location representing Fannie May, Nutella Café, Keebler, Famous Amos, Mother’s and other distinctive cookie brands in the Ferrero portfolio.

Creating synergies
The company’s goal for this space is to reflect Ferrero’s unique heritage and provide an opportunity to create more synergies among its teams.

“This new space will foster the collaboration, creativity and culture that Ferrero is known for around the world,” says Todd Siwak, president and chief business officer of Ferrero North America.

“I believe this innovation center will propel our teams forward to become leaders in the sweet packaged foods category.”

The innovation center, R&D lab, and offices on the eighth and ninth floors at 24 East Washington will bring about 170 cross-functional team members to Chicago’s Loop neighborhood.

“Chicago is a global destination for innovation. Ferrero will be well-placed here, benefitting from the city’s connectivity to the world and its strong network of companies driven by tech and innovation,” says Chicago Mayor Lori E. Lightfoot.

The announcement is the latest in a series of milestones in Ferrero’s growth in North America.

The company is building a chocolate processing facility and a new plant to make Kinder Bueno products in Bloomington, Illinois and is expanding capacity in its Brantford, Ontario plant.

The 169,000 square foot addition will be dedicated to producing Kinder Bueno bars and minis and represents the first time Kinder products will be made in North America.

In the past few years, it has opened new distribution centers in Pennsylvania, Georgia and Arizona and expanded its North American headquarters in Parsippany, New Jersey.

Edited by Elizabeth Green


comments closed

Related News

November 27, 2022

Cargill to appoint Brian Sikes as president and CEO

Food & Drink

Cargill will appoint Brian Sikes as its president and chief executive officer on 1 January 2023. The soon-to-be CEO, currently holding the chief operating officer title, has worked at Cargill for 31 years. Dave MacLennan, who has served as Cargill’s CEO since 2013, will assume the role of executive chair of the company’s board of directors.

November 27, 2022

Wellness, self-expression drive the latest trends in colors and flavors

Food & Drink

Comforting colors, feel-good flavors, and unique food and beverage experiences will resonate most with consumers in the new year, according to ADM’s latest Flavor and Color Outlook. ADM anticipates that 2023 will be the year of self-expression, and the company identified four trends that are sure to stand out.

November 27, 2022

Nespresso unveils home-compostable coffee capsules in partnership with Huhtamaki

Food & Drink

Nestlé’s Nespresso brand will pilot home-compostable coffee capsules on the Nespresso Original system in France and Switzerland from spring 2023 before further launches in several other European countries within a year. The paper-based capsules are touted as a breakthrough in packaging technology after three years of R&D.