Mondelez International has said it will invest US$100m in a biscuit manufacturing plant at an existing factory in the Czech Republic.
The new facility will produce Oreo cookies and Belvita breakfast biscuits and will create 200 jobs, the company said.
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Since 2009, Oreo and Belvita sales have grown 25% and 18% respectively in Europe. The company said the new capacity would allow it to keep pace with increasing demand.
“We’ve seen phenomenal growth in our biscuit business in recent years, especially our Oreo and Belvita power brands. This new facility will help us keep up with future demand by creating additional capacity. We’ve used all of our supply chain and R&D expertise to create a state-of-the-art factory with lines capable of making over a million Oreo biscuits a day. After it is completed, this plant will be a model in our global supply chain network,” Phil Hodges, integrated supply chain senior vice president for Mondelez’s European operations, said.
Since 2010, Mondelez has invested $240m across its European biscuits network.
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By GlobalData
