Mars Inc has confirmed it is to invest over EUR100m (US$108.3m) in a chocolate factory in the Netherlands to increase efficiency and expand capacity.
A spokesperson for the company said the investment at the site in Brabant Veghel would span the next ten years. The plant produces chocolate for roughly 40 markets around Europe, the Middle East and Russia. It has an output of 27m chocolate bars per day.
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The investment will involve optimisation of the existing factory which is over 50 years old to make it "more efficient"; making logistics more efficient and expanding production for Mars' miniature chocolate products.
"The market for miniatures is increasing and we are expecting an uplift of 4% over the next few years," the spokesperson said.
The company could not comment on what this could mean in terms of jobs growth over the decade.
Mars has announced a string of investments in recent weeks.
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By GlobalDataLast week the company confirmed it was expanding its chocolate plant in Kansas in a bid to meet demand "for ever greater choice". The US$100m project will create 70 "full-time, permanent" manufacturing jobs at the plant, Mars said.
On 10 July, Mars said it was investing US$53m into increasing capacity of M&M's production at its facility in Russia.
