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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowNestle SA, the world’s largest food company, said today that its new beverage factory in Anderson would be expanded, creating 500 jobs in total once it’s fully completed in two years.
The Nesquik and Coffee-mate plant, which opened today, will be enlarged from 880,000 square feet to 1 million square feet, Vevey, Switzerland-based Nestle said in a press release.
The company will spend $170 million on the expansion, bringing the total cost of the facility to $529 million.
Nestle is in the process of hiring 300 people to work at the plant.
High demand for Coffee-mate and Nesquick are driving Nestle’s growth. U.S. sales of Coffee-mate are expected to reach $1 billion this year, Brad
Alford, chairman and chief executive officer of Nestle USA, said.
Nestle had sales of $28 billion in the U.S. last year and $100 billion globally. The company employs more than 35,000 people in 81 factories in the United States.
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