FMCG multinational Nestle has announced plans to invest over BRL$1.8 billion ($352.9 million) in Brazil this year.
According to sources, 40% of this investment is planned to be applied to a new plant, located in Vargeao (Santa Catarina), to produce Nestle Purina products. The new factory is already under construction since January this year.
The company also plans to invest BRL$1.1 billion ($215 million) in industry operations such as new technologies, digital transformation, and sustainable processes in factories and also in the logistics chain.
Of this total, 90% is allocated to new lines for capacity expansion, greater productivity, and product innovation, in addition to investments with an environmental focus, such as energy efficiency solutions and the use of biomass instead of gas.
The other resources will be directed to product innovation, improvements in sales and distribution logistics, management and technology, and administrative functions.
According to the company, 2022 will be a year of considerable investment in innovation, in order to increase efficiency and productivity in production lines, in addition to the sustainability of operations.
Source: Newtrade / Dinheiro Rural