Nestlé To Invest Over CHF300 Million In Brazil
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Nestlé investiert 310 Millionen Franken in Brasilien
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Read more: Nestlé investiert 310 Millionen Franken in Bras
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Nestlé investe mais de 300 milhões de francos no Brasil
Read more: Nestlé investe mais de 300 milhões de francos no B
Around CHF94 million are being invested in the new plant in Ituiutaba, in the state of Minas Gerais, Nestlé announced on Thursday. Production is set to begin in the second quarter of 2028 and will supply both the Brazilian market and export markets. Around 100 new jobs are expected to be created.
In addition, Nestlé is investing in its existing plant for nutrition and health products in Araçatuba. There, the group manufactures, amongst other things, infant, medical and adult nutrition products. Furthermore, the supply chains for key ingredients are to be expanded. For instance, Nestlé aims to increase the production of whey – a key ingredient in infant formula – by 15% by 2029.
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Read more: The meltdown at Ne
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