Mondelez International is to build the world’s largest cookie facility in Mexico, the country’s president has announced.
Speaking at an event in Nuevo Leon on Monday (1 July), President Enrique Pena Nieto, revealed Mondelez is to invest US$350m in the plant, which is expected to create around 600 formal jobs.
A spokesperson for Mondelez told just-food the facility will support the growth of its business in the Americas, “utilizing state-of-the art technologies, which will enable manufacturing at world-class costs”.
When its doors open in the second half of 2014, the facility will be home to five new biscuit production lines focused on new products and packaging formats and other innovations, the spokesperson said.
Roberto Soto, president of Mondelez Mexico, said in a statement: “Emerging markets represent a key growth opportunity for Mondelez International globally, and this facility will help us support the future of our snacking portfolio. Consumers have long enjoyed our delicious products, and we are excited about the opportunity to expand the Mondelez International presence in this geography.”