Swiss food group Nestle (NESN.S) said on Wednesday it would invest $320 million in a new pet food factory and distribution center in the United States between now and 2023.
Petcare is one of the business areas Nestle identified at its investor seminar on Tuesday as a high-growth category on which it wants to focus capital spending.
The new factory and distribution center in Hartwell, Georgia, will create as many as 240 new jobs over the next five years, Nestle said in a statement.
By Silke Koltrowitz
Source: Reuters
Two Tetra Pak production sites in Europe are now certified to produce packaging with recycled polyethylene (rPE) polymers, according to the Roundtable on Sustainable Biomaterials (RSB) Chain of Custody mass balance attribution method.
Cargill has appointed Brian Sikes as its chief operating officer (COO), a role in which he will also serve as a management director on the company’s board.
Heineken has reached an agreement with The Coca-Cola Company and the Coca-Cola System in Brazil to redesign their long-standing distribution partnership in the country.
