Nestle SA (NESN.EB) said Wednesday it plans to invest 320 million dollars into a new U.S. pet food factory, as part of its strategy to focus on high-growth business categories.
The Swiss food and drink company said that its Missouri-based subsidiary Nestle Purina PetCare Company plans to open a pet-food factory and distribution center in Hartwell, Georgia. The new plant will create 240 new jobs over the next five years and Nestle plans to invest $320 million in the facility until 2023, the company said.