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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 | |
---|---|---|---|---|---|---|---|---|---|---|
1.49 | 1.50% | 101.14 | 100.14 | 101.30 | 101.26 | 100.09 | 100.09 | 581,140 | 21:05:29 |
By Giulia Petroni
Nestle SA said late Tuesday that its subsidiary Nestle Purina PetCare would invest $550 million to expand its pet-food manufacturing facility in Georgia, U.S., as a result of growing demand.
The Swiss food-and-beverage giant said it would create up to 130 jobs at the Hartwell facility--where flagship brands like Fancy Feast are produced--adding processing, packaging and warehouse capacity.
The investment is part of a broader growth plan for Purina in the U.S., which includes the new factories in Ohio and North Carolina, the company said.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
December 09, 2020 01:21 ET (06:21 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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