Switzerland: Nespresso to invest $170 million in production facility

Nespresso, an operating unit of the Nestle Group, has announced the investment of CHF 160 million (£135 million) to expand production centre in Romont, Switzerland.

Opened in 2015, this facility is the main producer of Nespresso Vertuo capsules and machines, distributed worldwide.

With this investment, the company will augment its capacity in 10 new production lines, creating 300 new jobs over the next 10 years. The first production line is expected to be fully operational by June 2022, according to sources.

Guillaume Le Cunff, CEO of Nespresso, said: “Despite the challenging times we have all been living in, this strategic long-term investment reconfirms Nespresso’s continuous business success and leadership in the portioned coffee segment, which we pioneered back in 1986”.

“It also demonstrates our continued commitment to our Swiss roots and to the long-term economic development of the region and the country, with which we share values of quality, innovation and expertise”, added Le Cunff.

Sources: Nestle PR