Trade Resources Industry Views Natra Plans to Set up a New Production Facility in London

Natra Plans to Set up a New Production Facility in London

Spain-based chocolate products and cocoa derivatives manufacturer Natra plans to set up a new production facility in London, Canada with an investment of $15.8m, a move which will create 60 new jobs.

The development of the new facility is a part of the company's strategy to cater to the increasing demand for its products and boost sales in the North American market.

The 100,000ft2 facility is expected to go onstream in early 2014 and is projected to have an output of 12,000 tons. It will complement the company's consumer goods division, which is manufactures tablets, count lines, spreads, chocolates and Belgian specialties.

Natra CEO Mikel Beita said: "With the increased presence of Natra in North America, we estimate that the consumer goods division's sales in this market will double again in the next three years."

Natra is a leading manufacturer of chocolate and cocoa-derived products for private label brands and international food companies. The company serves clients across five continents through its four specialized production centers in Spain, Belgium and France.

 

Source: http://processandproduction.food-business-review.com/news/natra-to-set-up-158m-chocolate-production-facility-in-canada-240713
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Natra to Set up $15.8m Chocolate Production Facility in Canada