INDONESIA/USA: Mars ups investment in Indonesian confectionery sector
An Indonesian subsidiary of US snack and petfood maker Mars Inc . has devoted US$20m to investment in the manufacture of sugar confectionery at its new plant in North Sumatra. According to an article in the Jakarta Post, the subsidiary, PT Effem Indonesia , is aiming to take a 1.5% share of the Indonesian sugar confectionery market during the first year of the new plant's operation. President Noel D. Janetski commented: "We're confident that we'll be successful in running our new business as we know Indonesia and its people well."
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