Nestle Indonesia Invests CHF99 Million to Boost Production Capacity
July 31 2019 - 4:08AM
Dow Jones News
By Anthony Shevlin
Nestle SA (NESN.EB) said Wednesday that its Indonesian business
is investing in three different factories to increase production
capacity.
The Swiss food-and-beverage giant said the 99 million Swiss
francs ($99.9 million) investment will increase production capacity
by 25%.
Nestle's factories in Indonesia currently produce Cerelac infant
cereal, Milo chocolate malt drink, and Dancow and Lactogrow milk
powder, as well as instant Nescafe soluble coffee and coffee
mixes.
Write to Anthony Shevlin at anthony.shevlin@dowjones.com;
@anthony_shevlin
(END) Dow Jones Newswires
July 31, 2019 03:53 ET (07:53 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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