Prime Minister Bill English is backing the confidence shown by one giant food multinational’s investment in the country as another backs out.
Swiss food giant Nestle, worth about US$230 billion (NZ$320b), on Tuesday unveiled a multi-million dollar facility at its factory in South Auckland.
The investment would expand the availability of gluten-free products in New Zealand, as well as create export opportunities for its Maggi and Docello food brands.
Exports from the site were already worth more than $60 million a year but the extra capacity would create more opportunities, particularly into Southeast Asia.
from Ellie NZ Rss http://www.stuff.co.nz/business/89885879/Nestles-NZ-gluten-free-move-shows-contrasting-confidence-to-Cadbury-closure
from
https://ellieplume83.wordpress.com/2017/03/01/nestles-nz-gluten-free-move-shows-contrasting-confidence-to-cadbury-closure/
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