Nestle (Malaysia) Berhad is to invest over MYR 100 million ($24 million) to expand its Chembong Milo production facility, as part of its strategy of investing as a key manufacturing hub for the Nestle Group.
With the expansion, the Chembong facility will establish as the world’s biggest Milo manufacturing centre, with capacity to better meet growing local and export demand.
“This move is an investment to further strengthen our Nestle presence in Malaysia. The Milo plant in Chembong is an integral part of the Company’s business, supplying Milo domestically and contributing exports to over 20 countries,” commented Mr Alois Hofbauer, Chief Executive Officer of Nestle (Malaysia) Berhad.
As a result, global dairy business, Lactalis, will acquire and take over the operation of the PJ facility and Nestle’s Malaysian chilled dairy business as part of its plan to establish Malaysia as the operations hub of its dairy business in ASEAN.