25.11.2013 12:04:31
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Press Release: Nestle: Nestlé expands factory production in Turkey
(MORE TO FOLLOW) Dow Jones Newswires
November 25, 2013 05:31 ET (10:31 GMT)- - 05 31 AM EST 11-25-13
-2 of 2- 25 Nov 2013 10:31:00 UTC Press Release: Nestle: Nestlé expands factory production in Turkey
Nestlé S.A. / Nestlé expands factory production in Turkey . Processed and transmitted by Nasdaq OMX Corporate Solutions. The issuer is solely responsible for the content of this announcement.
Nestlé has invested CHF 9.9 million to expand production at one of its major regional manufacturing hubs, in western Turkey, creating an additional 100 jobs.
The Karacabey factory first opened in 1989 and will now also make Maggi brand bouillon for the growing Saudi Arabian market.
"Turkey is one of the fastest growing and most dynamic markets in Asia, Oceania and Africa," said Nestlé Executive Vice President Nandu Nandkishore at the inauguration ceremony.
"This investment makes the site one of Nestlé's largest production facilities in the region."
The first factory at the Karacabey site opened in 1989 and a second plant, owned and operated by Cereal Partners Worldwide - a joint venture between Nestlé and General Mills - was built in 2011.
The new Maggi production lines will use the latest technology to produce 1,200 packages a minute, generating a total of 7,300 tons of bouillon annually from 2014.
Nestlé opened its first office in Turkey in Istanbul in 1909. The company now has four factories in Turkey and sells more than 800 products, employing 3,800 people across the country.
Related information:
Nestlé Turkey
http://www.nestle.com.tr/
Cereal Partners Worldwide
http://www.nestle-cereals.com/
Photos from the Cereal Partners factory on Flickr
http://www.flickr.com/photos/nestle/sets/72157628792948659/
More stories about Nestlé in Turkey:
Nestlé expands in Turkey with new breakfast cereals factory
http://www.nestle.com/Media/NewsAndFeatures/CPW_factory_Turkey
Cereal Partners Worldwide opens new Innovation Centre in Switzerland
http://www.nestle.com/media/newsandfeatures/cpw-opens-innovation-centre-switzerland
Nestlé invests in new breakfast cereals factory in Turkey
http://www.nestle.com/media/newsandfeatures/nestle-invests-breakfast-cereals-factory-turkey
Media enquiries
Tel: +41 21 924 2200
Email: Nestlé Corporate Media Relations mailto:mediarelations@nestle.com
This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Nestlé S.A. via Globenewswire
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Nestlé S.A.
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http://www.nestle.com (END) Dow Jones Newswires
November 25, 2013 05:31 ET (10:31 GMT)- - 05 31 AM EST 11-25-13
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