German breakfast cereal maker H&J Bruggen is investing EUR25m (US$29.88) in a production plant at Thiers, in central France, to serve markets in southern Europe.
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The Lubeck-based family firm is planning build a 7,300 sq.m facility at Thiers which will include a 4,300 sq.m storage and distribution area.
The plant will turn out between 20,000 and 30,000 tonnes of cereal products a year when it enters service at the end of 2007 and annual growth of 10-20% could follow The workforce at the plant is expected to reach 130 by 2010.
Around 60% of Bruggen’s production is dedicated to European supermarket retailers own brand cereal products.
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