Exklusiver Live-Stream direkt von der World of Trading - 2 Tage mit einzigartigen Themen und Experten. Kostenlos teilnehmen + Videos erhalten. -w-
09.07.2013 18:32:30

PRESS RELEASE: Nestle: Nestlé expands Dominican Republic dairy factory

-1 of 2- 09 Jul 2013 16:01:00 UTC  *DJ Nestle: Nestlé expands Dominican Republic dairy factory

   (MORE TO FOLLOW) Dow Jones Newswires

   July 09, 2013 12:01 ET (16:01 GMT)- - 12 01 PM EDT 07-09-13

-2 of 2- 09 Jul 2013 16:01:00 UTC  PRESS RELEASE: Nestle: Nestlé expands Dominican Republic dairy factory

Nestlé S.A. / Nestlé expands Dominican Republic dairy factory . Processed and transmitted by Thomson Reuters ONE. The issuer is solely responsible for the content of this announcement.

Nestlé has inaugurated the expansion of its milk factory at San Francisco de Macorís, in the Dominican Republic, in the presence of the country's President.

The factory, in the country's north-east, is benefitting from an investment of 12.9 million CHF (560 million pesos) and the installation of milk evaporation equipment for the production of Carnation Evaporated Milk, its main product.

"With this expansion, Nestlé is reaffirming its confidence in the country, and its commitment to national milk production," said Claude Mamboury, head of Nestlé in the Dominican Republic.

"We are strengthening our roots in San Francisco de Macorís. We are here to stay. Nestlé is a company that has always had a long-term perspective," he added.

The factory processes fresh milk which arrives daily from 44 milk collection centres in 11 provinces across the country. Nestlé's purchase of milk nationally provides employment for a total of 4,500 people, both directly and via the wider agricultural sector.

Globally, Nestlé provides technical assistance to farmers in 22 of the 32 countries where it has milk operations and engages with some 450,000 dairy farmers worldwide through sustainable sourcing initiatives like the Farmer Connect programme.

Nestlé has been present in the Dominican Republic for more than half a century and Carnation Milk has been produced on the San Francisco de Macorís site since 1971.

In addition to the San Francisco de Macorís factory, there is a second Nestlé site at MadreVieja, in San Cristóbal, which produces culinary products - including Maggi brand products - some of which are exported to the US and the Caribbean region.

The Dominican Republic is the headquarters of Nestlé in the Caribbean, providing goods for 40 million consumers across 29 territories.

Related information:

Nestlé Caribbean

http://www.nestle-caribbean.com/

Carnation Milk

http://www.nestle.com/brands/allbrands/carnation

Nestlé dairy brands

http://www.nestle.com/brands/dairy

Nestlé's support for dairy farmers

http://www.nestle.com/csv/rural-development

Media enquiries

Tel: +41 21 924 2200

Email: mediarelations@nestle.com

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:

(i) the releases contained herein are protected by copyright and other applicable laws; and

(ii) they are solely responsible for the content, accuracy and originality of the

information contained therein.

Source: Nestlé S.A. via Thomson Reuters ONE

HUG#1715359

--- End of Message ---

Nestlé S.A.

Avenue Nestlé 55 Vevey Switzerland

WKN: 887208;ISIN: CH0038863350;

http://www.nestle.com (END) Dow Jones Newswires

   July 09, 2013 12:01 ET (16:01 GMT)- - 12 01 PM EDT 07-09-13

Analysen zu Nestle S.A. (spons. ADRs)mehr Analysen

Eintrag hinzufügen
Hinweis: Sie möchten dieses Wertpapier günstig handeln? Sparen Sie sich unnötige Gebühren! Bei finanzen.net Brokerage handeln Sie Ihre Wertpapiere für nur 5 Euro Orderprovision* pro Trade? Hier informieren!
Es ist ein Fehler aufgetreten!

Aktien in diesem Artikel

Nestle S.A. (spons. ADRs) 82,00 1,23% Nestle S.A. (spons. ADRs)