Nestle (PK) (USOTC:NSRGY)
Historical Stock Chart
2 Months : From Feb 2020 to Apr 2020
By Colin Kellaher
Nestle SA's Nestle Purina unit on Friday said it will invest $140 million to expand its Clinton, Iowa, factory to meet rising demand for dog and cat food.
Purina, which currently employs 360 people in Clinton, said it will add new processing and packaging lines for the production of kibble-based pet foods, creating more than 60 new jobs.
Purina also operates pet-food factories in Fort Dodge and Davenport and employs roughly 1,000 people in Iowa.
Write to Colin Kellaher at email@example.com
(END) Dow Jones Newswires
February 21, 2020 11:57 ET (16:57 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.