Existing franchisee’s subsidiary signs deal for 100 units
Grupo Bimbo spends US$1.665 billion on Canada Bread
Nestlé has opened two new factories in China as it continues to grow its business in the country by investing in its portfolio of local and global brands.
Demonstrating its commitment to the growth of the Nigerian economy, the management of Honeywell Flour Mills Plc trained more master bakers and revealed plans to open its new state-of-the art production plant in September, raising the company’s output by 62 per cent.
General Mills Inc. executives discussed plans to fuel growth in the U.S. and around the world in the company´s new fiscal year at a meeting with investors at the New York Stock Exchange. «Our goal is to deliver consistent, high-quality sales and earnings growth», General Mills Chairman and CEO Ken Powell told investors. «Our strategies are designed to generate balanced growth across our portfolio».
Nestlé’s scheme to expand operations at its Product Technology Centre in York cleared the final hurdle last week at a planning meeting of City of York Council.
Hershey plans to spend $250-$350 million in capital investments to improve and expand its facilities, while cutting up to 600 jobs as part of its overhaul.