Nestle Nutrition to Invest USD 75 Mln in US
As part of the investment, the baby food producer will upgrade the facility in Fremont and will add new production lines, the company will create 200 jobs over the next 10 years. Gerber Products employs approximately 1,100 people at its site.
Acquired by
Nestle in 2007 for USD 5.5 billion, Gerber produces nearly 190
different food products that are distributed in 80 countries around
the world. Gerber controls about 83% of the baby food market in the
United States. Having recently obtained approval by Michigan state
authorities and permission for certain tax benefits, Gerber
Products–Nestle Nutrition will invest USD 75 million in expanding
its Fremont campus.
Related news
Related news
Márton Nagy: in the long term, we must return to investment-led economic growth
In the long term, we must return to investment-led economic…
Read more >250 HUF coupons in nearly 200 Tescos = several million HUF worth of handholds for 3,600 children
Those who shop at Tesco with the Ecumenical Aid Organization’s…
Read more >Young talent, Szécsi Böbe, composed the music for SPAR’s new commercial
The KEMP songwriting camp, organized by Banana Records, was held…
Read more >