New Brazilian expansion aims to increase Nestlé aseptic milk brands
(Thomson Reuters ONE) - Corporate news announcement processed and transmitted by Hugin AS.The issuer is solely responsible for the content of this announcement. ------------------------------------------------------------------------------------ South American aseptic milk brands Ninho and Molico will benefit fromNestlé's new production plant in Brazil that aims to produce 100million litres of drinking milk annually.With an investment of R$ 120 million (CHF 70 million), the63-year-old plant in Araraquara, which produces the Nestlé sweetcondensed milk Moça, will generate more than 1,600 direct andindirect jobs in the region.Ivan Zurita, chairman of Nestlé Brazil, said: "Since April this year,when we entered the premium milk market, Nestlé has been providingthe consumer with extremely high-quality milk. This new plantreinforces Nestlé's image as a nutrition, health and wellnessoriented company."He added that the prospects for growth from the production site andthe collection of raw materials from south of Ribeirão Preto andMinas, will create a positive impact on the dairy industry in theseregions which have suffered from the credit crisis since last year.Present at the opening of the new plant were Geraldo Alckmin,Secretary of State for Development, Marcelo Barbieri, Mayor ofArarquara and Francisco Jardim, Superintendent of the Ministry ofAgriculture in Sao Paulo.According to the Brazil Milk Association, Nestlé and its DPAsubsidiary were the main milk buyers in Brazil in 2008, with 1.9billion litres of milk. Nestlé has a network of suppliers with morethan 48,000 direct and indirect producers.The Brazilian investment follows the inauguration of Nestlé's largestready-to-drink aseptic products factory in Anderson, USA, in March2009. At 880,000 sq. ft. (almost 82,000m2), the site is dedicated tomeet growing consumer demand of Nestlé Nesquik Ready-to-Drink andNestlé Coffee-Mate Liquid products in the USA.Between August 2006 andJune 2008, Nestlé invested USD 359 million (over CHF 365 million) toconstruct the factory and distribution centre, the Company's largestsingle capital investment in its history.Last August, the company announced it will invest USD 170 million(over CHF 173 million) to expand the facility to more than 1 millionsq. ft. (over 92,000m2) by 2011. In total, over 500 jobs will havebeen created in Anderson by 2011. --- End of Message ---Nestlé S.A.Avenue Nestlé 55 Vevey WKN: 887208; ISIN: CH0012056047; Index: SLCI, SMI, SPI, SMIEXP;Listed: Main Market in SIX Swiss Exchange;
Datum: 27.11.2009 - 10:54 Uhr
Sprache: Deutsch
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