Nestlé South Africa adds coffee plant to €180 million commitment

By mahlokoane percy ngwato

Nestlé South Africa, recognising that demand for its coffee products is rising, will be developing a a new €74.4 million manufacturing plant.

The expansion is the latest in a series of inward investments made by the global coffee giant – it brings the total amount spent over the last five years to €180 million. A waste water treatment plant and coffee processing plant will be constructed from scratch while existing coffee processing and drying facilities will receive significant upgrades.
 

Nestlé South Africa corporate affairs director Ravi Pillay said: “Investments of this magnitude demonstrate the Nestlé Group’s commitment to long-term business building and economic development in Africa. Through this investment, we will increase the capacity of our coffee factory and meet the growing consumer demand for coffee in the region.

“This is also aligned with our ambition of being the world’s leading nutrition, health and wellness company while offering our consumers quality, nutritious and affordable products.

“We are extremely proud to be inaugurating this factory in our centenary year. For 100 years we have been manufacturing proudly South African products for South Africans by South Africans and contributing to the local economy through job creation and foreign direct investment. We believe that for a company to be successful in the long-term it has to create value for shareholders and communities where it operates.”
 

African Business Review’s April issue is now live.

Follow @AfricaBizReview and @MrNLon on Twitter.

African Business Review is also on Facebook. 

SOURCE: [FoodBev]

Share

Featured Articles

Middle East GDP hike of 57% if more women join workforce

By tapping into the potential of next-generation female workers, the MENA region could unlock new economic opportunities, up to US$2 trillion, reports PwC

Dialight supplies LED solutions for industrial safety

Reliance on inefficient lighting technologies are not only harmful to the environment, but also increase injury risk and cost

Top 10: Tech, AI, cloud, cyber speakers at TECH LIVE LONDON

TECH LIVE LONDON events sees technology leaders from IBM, Oracle, Vodafone, JP Morgan, Accenture and the US Space Force among the inspirational speakers

Cyber LIVE adds Vodafone head of cyber Kawalec to line-up

Leadership & Strategy

Musk’s multibillion hostile Twitter takeover – the timeline

Leadership & Strategy

Sustainable moves businesses can make to win customers, IBM

Sustainability