Nestlé will invest USD140 million to expand its Chilean plant

Post available in: English

The project will double the current production capacity at the Purina brand facility in Teno, Chile’s Maule Region.

The rising global pet population is expected to generate a 25% increase in demand for pet food over the next five years and up to 27% in Latin America. Given this trend, Nestlé Chile has decided to invest US$140 million to expand its Purina brand plant in Teno, Chile’s Maule Region.

The facility is the most modern pet food production plant in Latin America, and its expansion will enable super-premium products which must currently be imported to be produced in Chile. The project also includes expanding its distribution centre and creating 100 direct jobs and more than 1,500 contractors in different areas.

Long term investment

“Our commitment to and relationship with Chile is long-term, and as such, we are making the necessary investments to continue growing in the country and exporting to other markets in the region, together with all players in our value chain”, said Leo Leiman, Executive President of Nestlé Chile.

The project—which represents the second phase of the original plant that was opened in 2018—aims to double current production capacity through the construction of a new production line and the expansion of its distribution centre, providing an additional 15,000 m2 of floorspace and increasing storage capacity from 11,500 to over 21,000 items.

“The expansion of our plant is in line with the need to continue producing highly nutritious food products for pets, which play an increasingly important role in Chilean families. Given the high demand for super-premium pet food, we will now be able to produce these products in Chile with local ingredients and employees, which will enable us to positively impact the country’s economy”, said Eric Zeller, Nestlé Purina Business Director.

Please see the following article to learn more about investment opportunities in the Chilean food industry.  

(Visited 95 times, 1 visits today)

About Gateway to South America

Established in 2006, Gateway to South America began as a single office in Buenos Aires. Since then, it has grown into a vibrant regional network, providing professional real estate marketing services to clients in Argentina, Brazil, Chile, Paraguay, Peru, and Uruguay. If you enjoy reading our news site, please share it on your social media!

Want an edge on investing in Latin America? Get our Investment News first: Join 39,400 subscribers without cost to our English, Spanish or Portuguese posts for the latest real estate news in LATAM useful for new and experienced investors. Please note, this subscription is for Investment News only, not properties for sale.

Post available in: English

Comments are disabled
Real Estate and Investment News from South America
Visit us on LinkedInVisit us on FacebookVisit us on TwitterVisit us on Pinterest