Nestlé Continues to grow its Business in China with Opening of Two New Factories

by swisscham in Hospitality, Retail, Tourism

Nestlé has opened two new factories in China as it continues to grow its business in the country by investing in its portfolio of local and global brands. The Swiss food and beverage group has opened a CHF 133 million (EUR 107 million) Nescafé coffee factory in Shandong Province, followed by a CHF 319 million (EUR 257 million) Yinlu Foods factory in Anhui Province. More than 2,000 new jobs have been created with the opening of the Yinlu Foods factory, built through Nestlé’s partnership with China’s leading producer of ready-to-drink peanut milk and ready-to-eat rice congee. Yinlu products, which also include ready-to-eat red bean congee and ready-to-eat oat congee, are tailored to Chinese consumers’ taste and preferences. They complement Nestlé’s existing product range in China, which includes culinary, coffee, confectionery, bottled water, milk powder and products for the food service industry.

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