Kraft opens $80 million facility in Brazil
May 6, 2011
by Eric Schroeder
NORTHFIELD, ILL. — Kraft Foods Inc. has opened a new $80 million manufacturing facility in Pernambuco, Brazil. The 270,000-square-foot facility initially will produce chocolate and powdered beverages, with a biscuit line expected to be added in 2012.
The new facility, combined with other scheduled expansions, is part of a $200 million investment Kraft plans to make in Brazil over a two-year period.
“Brazil is one of 10 priority developing markets where we’re making big bets,” said Sanjay Khosla, president of Kraft Foods Developing Markets. “Today, we’re among the fastest growing consumer goods companies in markets like Brazil, India and China. We’re excited to build on what’s working by making our biggest investment in Brazil in more than 10 years.”