Consumer goods giant Nestle has announced it is spending 43 million CHF ($43 million) to create two new coffee capsule production lines at its site in Romont, Switzerland.
The firm said the investment was to supply demand for its Nespresso Vertuo coffee system.
“Nestlé has identified coffee as a strong growth driver and the coffee business has seen positive organic growth over the past years”, Nestle said in a statement. “The company is making further investment to lead in the coffee business, creating value for its brands and making a difference for consumers”.
Alongside new production lines, the company said it had also inaugurated a state-of-the-art innovation centre consisting of a product development centre and “coffee campus” to drive global innovation and coffee expertise. The product development centre is dedicated to developing new Nespresso machines and Grand Cru coffees, including unique coffees from rare origins, the company added.