Nestle raises production capacity, plans expansion
By Li Wenfang | China Daily | Updated: 2011-05-25 07:48
DONGGUAN, Guangdong - The Swiss food and beverage giant Nestle SA expects to announce expansion plans in China in the coming months, after boosting its seasoning production capacity in Dongguan, Guangdong province.
On Tuesday, the company unveiled its plan to invest 320 million yuan ($49.2 million) to lift annual capacity at its instant food and seasoning factory in Dongguan from 15,000 tons to 40,000 by 2015.
"We are increasing our capacity rapidly in every category of our products," said Roland Decorvet, chairman and CEO of Nestle China. adding the company may announce more plans in the next few months.
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