Nestle has opened two factories in China, including one run by its venture with local group Yinlu.
The world’s largest food maker officially opened a new Yinlu Foods facility in China’s eastern Anhui province. Nestle owns 60% of Yinlu, which the Swiss food giant says is China’s “leading producer” of two local products – ready-to-drink peanut milk and ready-to-eat rice congee.
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“An important building block of our business in China is our partnerships with Chinese companies,” Nestle CEO Paul Bulcke said today (11 July). “These partnerships combine local knowledge and entrepreneurship with our global research and development capabilities, and product innovation and renovation expertise.”
Some 2,000 jobs have been created with the opening of the Yinlu plant, Nestle said.
The second new Nestle site is a Nescafe coffee factory in another eastern province, Shandong. The site, in the city of Laixi, is the largest coffee plant in China, Nestle claimed.
Nestle has 27 factories in China, where it generated CHF5.2bn (US$5.5bn) in sales in 2012. It also has four R&D facilities in the country.
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By GlobalDataClick here for our recent two-part just-food interview with Roland Decorvet, the head of Nestle’s business in Greater China.
just-food is in China this week with Nestle. Due to reporting restrictions, we cannot report direct from China but keep your eyes peeled on the site in the coming days for coverage.
