Nestle's Nespresso Invests CHF117 Million in Swiss Production Site
March 18 2021 - 4:52AM
Dow Jones News
By Kim Richters
Nestle SA said Thursday that its Nespresso coffee brand will
invest 117 million Swiss francs ($126.8 million) to expand the
production center in Avenches, Switzerland.
The Swiss food-and-beverage company said it is bumping up
production capacity at the site and expanding the distribution
center amid increasing customer demand.
The expansion includes three new production lines and the
company will create 50 new jobs by the end of 2022, Nestle
said.
Write to Kim Richters at kim.richters@wsj.com
(END) Dow Jones Newswires
March 18, 2021 04:37 ET (08:37 GMT)
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