Nestle Purina PetCare to Invest Estimated $450 Million in New US Pet Food Plant
October 01 2020 - 4:46AM
Dow Jones News
By Giulia Petroni
Nestle SA said Thursday that its U.S. subsidiary Nestle Purina
PetCare will invest an estimated $450 million to open a new factory
in North Carolina in order to meet increasing demand for its
products.
The Swiss food-and-beverage giant said the new factory, which is
located in Eden, will become operational in 2022. More than 300
people are expected to be employed at the site by 2024.
Nestle said Purina plans to produce dry dog and cat food brands,
including Purina Pro Plan, Purina ONE and Purina Pro Plan
Veterinary Diets.
The factory will become part of Purina's network of 21 existing
manufacturing locations across the U.S.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
October 01, 2020 04:31 ET (08:31 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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