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ZURICH, Switzerland – Nespresso announced on Wednesday, July 8, it is investing 160 million Swiss francs ($170 million, 150 million euros) in expanding its production plant in Romont, western Switzerland, citing increasing demand for its coffee products.
One of Swiss food giant Nestle‘s flagship brands, Nespresso – which makes home coffee machines, capsules, and accessories – said the expansion would create 300 new direct jobs over the next 10 years.
“Despite the challenging times we have all been living in, this strategic long-term investment reconfirms Nespresso’s continuous business success,” Nestle chief executive Guillaume Le Cunff said in a statement.
Construction on the new second production hall is set to start in June 2021.
The first of 10 new production lines is expected to be fully operational by June 2022. – Rappler.com
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