Over the next few years, Nestlé will invest one billion Brazilian real - the equivalent of a good CHF 240 million - in the Brazilian state of São Paulo. New production lines are to be set up at the Caçapava and Araçatuba plants.
In addition, there would be investments in new technologies for manufacturing and products, initiatives for digital transformation and the promotion of start-ups, the Swiss food giant announced on Thursday. Nestlé opened its first Brazilian factory in Araras 98 years ago. In the last two years, the group has already invested over 2 billion Brazilian real. In total, Nestlé has 10 industrial plants and 6 distribution centres in São Paulo /tt/AWP/he (dpa)
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