ID :
177214
Fri, 04/22/2011 - 09:46
Auther :
Shortlink :
https://oananews.org//node/177214
The shortlink copeid
NESTLE INVESTS US$38 MIL IN NEW PLANT IN MALAYSIA
KUALA LUMPUR, April 22 (Bernama) -- Nestle (Malaysia) Bhd is investing RM115 million (US$38.237 million) in its new plant to be built adjacent to its existing factory in Chembong, in southern state of Negeri Sembilan, to extend its production line in Malaysia.
Managing Director Peter R. Vogt said the plant is to commence production for domestic and export markets by the second quarter of next year and would create jobs for about 160 people when operating at full capacity.
"This plant will have the capabilities to extend our production line to accommodate new Nestle Breakfast Cereal products in line with customers' insight and business strategies.
"Malaysia was selected based on the readily available quality local
ingredients and the country's investment-friendly environment and
infrastructures," he told reporters after signing the memorandum of
understanding with Cereal Partners Worldwide here Friday.
The MoU, for the Nestle Breakfast Cereal plant development, was witnesseed by International Trade and Industry Minister Mustapa Mohamed.
The new facility will also be the third breakfast production centre for CPW in Asia after Lipa in the Philippines and Tianjin in China.
It will produce the five bestsellers of the Nestlé breakfast cereal range -- Koko Crunch, Honey Stars, Cookie Crisp, Koko Crunch Duo and Milo Breakfast Cereals -- for the Malaysia, Singapore Indonesia and Thailand markets.
Managing Director Peter R. Vogt said the plant is to commence production for domestic and export markets by the second quarter of next year and would create jobs for about 160 people when operating at full capacity.
"This plant will have the capabilities to extend our production line to accommodate new Nestle Breakfast Cereal products in line with customers' insight and business strategies.
"Malaysia was selected based on the readily available quality local
ingredients and the country's investment-friendly environment and
infrastructures," he told reporters after signing the memorandum of
understanding with Cereal Partners Worldwide here Friday.
The MoU, for the Nestle Breakfast Cereal plant development, was witnesseed by International Trade and Industry Minister Mustapa Mohamed.
The new facility will also be the third breakfast production centre for CPW in Asia after Lipa in the Philippines and Tianjin in China.
It will produce the five bestsellers of the Nestlé breakfast cereal range -- Koko Crunch, Honey Stars, Cookie Crisp, Koko Crunch Duo and Milo Breakfast Cereals -- for the Malaysia, Singapore Indonesia and Thailand markets.
