Ramen maker Nissin Foods to spend $228M on new US plant
The investment comes amid “unprecedented demand” for its popular noodle offering, with the company reporting four consecutive quarters of high double-digit growth.
Ramen noodles maker Nissin Foods plans to spend $228 million to expand its U.S. presence. The Japan-based company plans to increase its U.S. manufacturing capability by purchasing a 640,640-square-foot building in Greenville County, South Carolina.
The facility, which is expected to be operational in August 2025, will create more than 300 new jobs. Nissin currently has two manufacturing locations: Gardena, California and Lancaster, Pennsylvania.
The investment by Nissin is the latest by a food or beverage company to build, retrofit, or expand an existing facility as they look to increase efficiencies and meet future demand for their products.
Related news
Japan’s Nissin Foods expands into Turkey with local production plant
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Shopping habits of Generation Z
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >A star is born – say hello to dirty soda!
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Related news
K&H Analyst Commentary: Hungarian industry continues to decline
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >KSH: industrial production fell by 7.3 percent compared to the same period of the previous year and by 2.3 percent compared to the previous month
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >NGM: fixed 3 percent SME loan launched on October 6
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >