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.
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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).