Mondelez to invest $130 million in facility in Mexico
Mondelez International, Deerfield, IL, announced on July 29 that it would investment more than $130 million in its North American biscuits business, installing four state-of-the-art manufacturing lines at its Americas production facility in Salinas, Mexico, which opened late last year. The lines will be installed by mid-2016, according to the company, and replace nine older manufacturing lines at its Chicago biscuit plant, which makes a variety of Mondelez products.
The announcement builds on the company’s earlier manufacturing investments of more than $170 million in manufacturing at its U.S. biscuit plants in Fair Lawn, NJ; Naperville, IL; and Richmond, VA, as well as additional investments, in recent years, in technologies and capabilities within its North American Supply chain.