Saturday, July 21, 2018
 Nestle Completes Investments in Condensed Milk Product Factory  

Nestlé has completed a EUR 6 million (more than CHF 7 million) investment in new manufacturing lines at its condensed milk products factory in Pontecesures, Spain, increasing production by 50 percent.

The company's announcement follows two major financial commitments it has made to develop its manufacturing operations in Europe this year.

Earlier this month (May 2012) Nestlé said it would invest CHF 300 million in a new Nespresso factory in Switzerland. In February 2012 it revealed plans to invest CHF 265 million in a new Nescafé Dolce Gusto factory in Germany.

Long-term commitment
The company's investment in Pontecesures is the third it has made in Spain in the last 18 months, reflecting its belief in its Spanish operations despite the country's challenging economic situation.

Almost half of the Pontecesures factory's production is exported to countries in Europe, Asia and Africa. The investment has boosted exports by 12 percent.

The factory now has eight production lines, allowing it to manufacture condensed milk products in a variety of formats.

In November Nestlé invested EUR 10 million (more than CHF 12 million) to produce different varieties of chocolate at its factory in La Penilla de Cayón.

This followed a CHF 64 million investment to boost production at its Nescafé Dolce Gusto factory in Girona in March 2011.

Nestlé Spain employs almost 6,000 people. It had a turnover of more than EUR 2 billion (about CHF 2.4 billion) in 2011.

Nestlé in Spain
Nestlé's built its first factory in Spain in La Penilla de Cayón in 1905.

The company opened its factory in Pontecesures in 1939. Over the years it has helped to develop milk collection infrastructure in the surrounding rural area.

Today, Nestlé has 12 manufacturing sites in Spain. About 40 percent of its total production is exported, mainly to other countries in Europe.

Source: Nestle

http://www.nestle.com/Media/NewsAndFeatures/Pages/Pontecesures-factory-investment.aspx?Category=Investors,Brands,Dairy
 


Posted on Thursday, May 31, 2012 (Archive on Thursday, June 07, 2012)
Posted by bsutton@adpi.org  Contributed by bsutton@adpi.org
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