India: Barry Callebaut to build a new facility
Belgian-Swiss cocoa processor and chocolate manufacturer, Barry Callebaut, has announced the construction of its third chocolate and compound facility in India. The company opened its first facility in India in 2007 and since them Barry Callebaut has continuously invested in the Indian chocolate and cocoa market. Upon completion of the new chocolate factory, India will […]
Saudi Arabia: Nestle to Invest $1.86bn in food industry over 10 years
FMCG multinational Nestle has announce the investment of SAR 7 billion (1.86 billion) over the next decade to support business growth. The company will initially invest SAR 375 million ($99.8 million) to build a manufacturing plant which is expected to be opened by 2025. The facility will make infant nutrition products and ready-to-drink coffee, exporting […]
UK: Danish Crown invests in new factory
Denmark-based meat processor Danish Crown has announced the investment in a new bacon factory in Rochdale, Greater Manchester, UK. According to the company’s statement, the aim of the new factory is to offer UK customers high quality, traceable pork products that are manufactured in a more sustainable way and to supply bacon to the UK […]
UK: Asahi to close Dark Star Bewery
Japanese drinks giant Asahi Beverages has announced that the company is going to cease operations in its Dark Star brewery in Partridge Green, Sussex, on the 31st of December 2022 due to current economic challenges. According to sources, the company said that the facility is operating significantly below capacity, which is not sustainable. Asahi said […]
Switzerland: Philip Morris International to launch Bonds by Iqos
Multination tobacco manufacturer Philip Morris International (PMI) has announced the launch of Bonds by Iqos, its latest heat-not-burn tobacco system to be used with specially designed tobacco sticks, Blends. The product offers an alternative to consumers who want to “replace cigarettes with innovative, science-based, smoke-free alternatives”. “Providing a range of alternatives to continued smoking—with a […]
USA: Grupo Bimbo to invest $630 million to build two new facilities
Multinational Mexican bakery Grupo Bimbo has announced an investment of $630 million to build two new facilities in Georgia and Ohio in the USA. The facility in Georgia, which will be the second plant of Grupo Bimbo in the city, will cost around $200 million creating nearly 300 new jobs, while the facility in Ohio […]
USA: Ferrero breaks ground on Kinder Bueno facility
Global sweet-packaged foods firm Ferrero Group has announced that the company broke ground on its new facility in Bloomington, Illinois. The new Kinder Bueno facility represented an investment of $214.4 million and it will create 200 new jobs, according to the company’s press release. Alanna Cotton, president and chief business officer of Ferrero North America […]
UK: Morrisons to close unprofitable McColl’s stores
British supermarket chain Morrisons has announced the closure of 132 McColl’s convenience stores so that the retailer can make a profit in the medium term. According to an article in European Supermarket Magazine, the retailer plans to close most stores this year, leaving 55 stores with a post office to close in 2023. The McColl’s […]
UK: Asda to open Asda Express convenience stores
Asda, one of Britain’s leading retailers, has announced the launch of convenience stores under the banner Asda Express. According to the company’s press release, the first store is scheduled to open on the 8th November 2022 in Sutton Coldfield, and a second store is expected to open the following month on the 6th December in […]
France: Remy Cointreau enters perfume market
Remy Cointreau, the leading French spirits firm, has announced the launch of a ‘luxurious’ perfume house called Maison Psyche. According to a company press release, Maison Psyche was created as a collaboration between Baptiste Loiseau, cellar master of Maison Remy Martin, and Sophie Labbé, principal perfumer at Firmenich. Baptiste Loiseau and Sophie Labbé said: “Maison Psyche […]