Nespresso expands in Switzerland by investing $ 126 million
Expansion of the Avenches center and creation of 3 new production lines are planned
Nespresso has announced an investment of 117 million francs (approximately $ 126.34 million) in the expansion of its production and distribution center in Avenches in Switzerland.
An investment to meet the growing consumer demand for high quality premium coffee and to support international development. The Avenches Center produces Nespresso Original and Professional coffees, as well as Starbucks by Nespresso products. It also serves as the company's global distribution center, distributing capsules in over 80 countries around the world. Following the investment, the site will have greater production and logistics capacity. The operation includes the creation of three new production lines and the expansion of the distribution center.
Nespresso opened the Avenches production center in 2008 with an initial investment of Chf 300 million ($ 323.96 million), followed by another Chf 200 million ($ 215.97 million) spent on infrastructure and operations. The current production site of 16,587 square meters will be extended to 21,310 square meters. "This investment speaks to our long-term sustainable business approach", said Guillaume Le Cunff , CEO of Nespresso. “All Nespresso coffees sold around the world are made in Switzerland. We are very proud to be able to continue investing in Switzerland and supporting our economy, especially in difficult times like these", he added.
The company said the investment will create 50 new jobs by the end of 2022, in addition to the current 730 at the production site. Philippe Leuba, director of the department of economics, innovation and sport of the canton of Vaud, said: “The investment demonstrates the attractiveness of this region, including in the industrial sector. We are expanding the Avenches site and strengthening the position of Swiss Food Nutrition Valley, an initiative launched by Nestlé and the Canton of Vaud to promote Switzerland as a hub of innovation in the field of food and nutrition". The distribution will begin in July and should be completed by September 2022. The three new production lines are expected to be ready by March 2022.
EFA News - European Food Agency