Nestlé Opens $140 Million Dairy Factory in Chile

VEVEY, SwitzerlandNestlé opened its new $140 million factory in Chile that produce a range of milk products and ingredients with added nutritional value for domestic consumption and for export to the United States, Central America, the Middle East and Asia.

When fully operational, the factory will have a production capacity of 30,000 tons of milk powder, enabling Nestlé to meet increased demand for dairy products that offer a nutritional plus. The state-of-the-art dairy factory will provide 300 direct jobs and 1,500 indirect jobs.

Commenting on the new factory, Nestlé CEO Paul Bulcke, said: Nestlés latest investment in Chile is a sign of our continued confidence in our future in the country. Our operations in Chile have always been a source of development and innovation. This factory will produce dairy products with added nutritional value that meet the different needs of our consumers, both in Chile, Latin America and in other countries around the world. Through continuous investment and innovation we are always striving to provide our consumers with products that meet their nutritional needs at every stage of their lives."

In 2010,  the company opened its first Research and Development Centre in South America in the Chilean capital Santiago. The centre leads Nestlés global research and development efforts for biscuits and cereal-based snacks.