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NSRGY Nestle SA (PK)

101.14
1.49 (1.50%)
02 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
  1.49 1.50% 101.14 100.14 101.30 101.26 100.09 100.09 581,140 21:05:29

Nestle's US Subsidiary to Invest $550 Million to Expand Pet-Food Factory in Georgia

09/12/2020 6:36am

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Nestle (PK) (USOTC:NSRGY)
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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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