Lotus cited "significant" increase in exports

Lotus cited "significant" increase in exports

Belgian bakery group Lotus Bakeries plans to spend EUR27m (US$36.2m) over the next three years to grow its biscuit and cake businesses.

Lotus is to up the production capacity at its Lembeke site and turn the plant into a factory that focuses squarely on making caramelised biscuits. A second plant in Oostakker will continue to focus on manufacturing cake.

The company said its exports of caramelised biscuits had increased "significantly" in "recent years" and it had decided to turn the Lembeke plant into a site purely for those products. As a consequence, frangipane production will move from Lembeke to Oostakker.

Under the plans, some 20 jobs will be created "in the medium term", Lotus said today (28 September).