NestlŽ Unveils Two New Factories in Bid to Boost China Market

by swisscham in Hospitality, Retail, Tourism

NestlŽ unveiled two manufacturing facilities in Taizhou of Jiangsu Province with a total investment of 1 billion yuan (USD 159 million) to strengthen its nutritional therapy and dermatology businesses in China. The two adjacent factories, measuring a total of 133,000 square meters, make up the 33rd NestlŽ facility in China, underscoring the companyÕs confidence in the future of the Chinese market. The two factories share some supportive facilities and serve NestlŽ Health Science, whose portfolio includes nutrition solutions, diagnostics, devices and drugs, and Galderma, which has a wide range of products treating dermatological conditions. Rashid Qureshi, chairman and CEO of NestlŽ China, said that the new factories underscore NestlŽÕs commitment to nutrition, health and wellness, “which is fully in line with the governmentÕs priority to build a healthy China.”

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