USA: Monogram Foods invests $8 million in plant expansion
Monogram Foods, a manufacturer and marketer of packaged value-added foods, has announced it is investing $8 million to expand an existing plant in Martinsville, VA. The company said it intended to use the investment to increase production capacity by 80% to meet rising demand for its ready-to-eat jerky and meat stick snacks. The investment will […]
Brazil: Kellogg to invest $40 million in Pringles production
Food giant Kellogg has announced plans to invest R$250 million ($40.9 million) to increase production capacity for potato snacks in Brazil. According to an article in Pipeline Valor, the investment will enable Kellogg to double production capacity for the Pringles brand, just five years after it started producing the snacks locally. The brand has reportedly […]
Italy: Barilla to invest €1 billion in expansion bid
Italian food producer Barilla has announced that the company is investing €1 billion ($1.09 billion) in a bid to expand both domestically and internationally. According to an article in Corriere Della Sera, the company is intending to allocate half of the total to its Italian business, boosting its competitive position and assisting efforts at internationalization. […]
Australia: Mars to expand pet food factory
Mars, the leading food multinational, has announced an investment of $112.6 million ($76.3 million) in its pet food facility in Wodonga, in Australia’s Victoria state. According to a report in Inside FMCG, the upgraded 7,800 sq m facility will mostly be dedicated to producing single-serve pouches for the company’s Whiskas, Advance, Optimum and Dine brands, adding a a […]
UK: PepsiCo to invest £58 million in Walkers factory
PepsiCo, the global snacks and drinks giant, has announced an investment of £58 million ($67.3 million) to scale its long-standing facility in the UK city of Leicester. In a statement, the company said the investment would be used to increase production capacity, replace gas-fired ovens with ones runing on renewable electricity, installing compact packaging equipment […]
Germany: Muller announces Cologne dairy closure plans
German dairy firm Muller has announced plans to close its dairy plant in Cologne, Germany with the reported loss of up to 220 jobs. The company blamed a decision by regulators to require it to divest the Tuffi brand as part of its wider acquisition of FrieslandCampina’s portfolio in Germany. “Conditions imposed by the Bundeskartellamt prevent continued […]
Germany: Warsteiner to invest in Herford brewery
Warsteiner, the leading German brewing company, has announced a €20 million ($21.6 million) investment in its factory in Herford, Rhineland-Palatinate, according to a report in LebensmittelPraxis. The money will predominantly go towards a new bottling line, but funds have also been earmarked for logistics and marketing. The production line, which is expected to be operational in […]
France: Auchan expands retail footprint to Algeria
French retailer Auchan has announced the opening of it first store in Algeria, with doors expected to open in Q4 of this year. In a press release, Auchan said the expansion to Algeria, which is the third country that the group has entered in Africa after Senegal and Cote d’Ivoire, has been made possible through […]
Brazil: Heineken to invest R$1.5 billion to expand premium beer lines
Multinational Dutch brewer Heineken has announced that the company is to invest R$1.5 billion ($243 million) to expand its premium beer operations in Brazil’s Northeast region. According to an article in Exame, the group is planning to allocate the investment to its Igarassu (Pernambuco) and Alagoinhas (Bahia) plants. The investment will enable the Igarassu plant […]
Netherlands: Spar enters Latin America
Dutch convenience retailer Spar has announced its first foray into the Latin American market with the opening of an outlet located in Paraguaian city of Luque. In a statement, Spar said the new store, which opened on 5th May, is operated by Amiria Group, which has been granted a license to operate the brand in the […]