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
Kroger announces corporate layoffs, structural changes
The company said the cuts impact less than 1,000 employees…
Read more >
Diageo targets emerging markets with expanded Guinness production
Diageo is planning a major expansion of its new €200…
Read more >
High coffee prices brew interest in bean-free alternatives
Costs tied to climate change and tariffs could position substitutes…
Read more >Related news
KSH: the rate of wage increases exceeds inflation, the countryside is catching up
According to the latest data from the Hungarian Central Statistical…
Read more >
Food industry investment boom possible: nearly 200 billion forints in support decided
The first decisions have been made on supporting larger-scale developments…
Read more >
Eight out of ten parents would like to buy everything in one place for the start of school – Pepco offers a solution for this
As the school year approaches, parents are once again faced…
Read more >
