Mondelez International Investing More Than $100 Million In European Factory
By Sam Lewis
Food maker will create 200 new roles to support growing brands
The maker of famous brands like Chips Ahoy!, Triscuit, and Wheat Thins announced on Tuesday, Nov 19 it would be investing over $100 million in a new manufacturing plant in Opava, Czech Republic. The Czech facility will create 200 new jobs focused on the growth of its Oreo cookies and belVita breakfast biscuits.
The new facility’s launch will build on the company’s investments in European biscuit manufacturing since 2011. Oreo and belVita lead the snack-making giant’s charge through Europe as net revenues for Oreo and belVita have grown 25 and 18 percent, respectively, in the region since 2009. “We've seen phenomenal growth in our cookie business in recent years, especially our Oreo and belVita Power Brands,” says Phil Hodges, SVP of integrated supply chain at Mondelez Europe.
The launch of the Opava facility will also allow Mondelez International to keep pace with current expectations, along with anticipated future demand. “This new facility will help us keep up with future demand by creating additional capacity. We've used all of our supply chain and R&D expertise to create a state-of-the-art factory with lines capable of making over a million Oreo biscuits a day. After it is completed, this plant will be a model in our global supply chain network.”
The announcement of the facility is in line with the company’s commitment to investing in advantage assets which drive sustainable and profitable growth. The new facility will be the newest portion of the $240 million it has spent in Europe, including facilities in Central Europe, France, and the UK, since 2010.
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