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NSRGY Nestle SA (PK)

99.65
-0.95 (-0.94%)
01 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Nestle SA (PK) USOTC:NSRGY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.95 -0.94% 99.65 99.00 102.00 100.6399 99.42 100.29 385,001 21:59:00

Nestle's Purina to Invest $140 Million in Iowa Pet-Food Plant Expansion

21/02/2020 5:12pm

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By Colin Kellaher

 

Nestle SA's Nestle Purina unit on Friday said it will invest $140 million to expand its Clinton, Iowa, factory to meet rising demand for dog and cat food.

Purina, which currently employs 360 people in Clinton, said it will add new processing and packaging lines for the production of kibble-based pet foods, creating more than 60 new jobs.

Purina also operates pet-food factories in Fort Dodge and Davenport and employs roughly 1,000 people in Iowa.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

February 21, 2020 11:57 ET (16:57 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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