Nestle Australia to Expand Blayney Factory
July 30 2020 - 5:47AM
Dow Jones News
By Giulia Petroni
Nestle SA said Thursday that its subsidiary Nestle Australia
Ltd. would invest 60 million Swiss francs ($65.5 million) to
upgrade its Blayney factory that manufactures Purina PetCare
products in New South Wales.
The Swiss food-and-beverage giant said the upgrade will consist
of extending existing production areas and installing new equipment
to increase production capacity and export growth. The upgrade is
estimated to take 18 months.
Nestle has invested almost CHF131 million in the site in the
last 10 years, it said.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
July 30, 2020 05:32 ET (09:32 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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