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Friday, November 15, 2024

Ferrero invests $75 Million to open first chocolate factory in North America

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Ferrero North America has inaugurated its first chocolate processing facility in North America, marking its third globally.

The project, a result of a $75 million investment, has expanded Ferrero’s manufacturing campus in Bloomington, Illinois by 70,000 square feet. This site will now produce chocolate for several of Ferrero’s beloved brands, such as Kinder, Ferrero Rocher, Butterfinger, and Crunch.

Alanna Cotton, President and Chief Business Officer of Ferrero North America, remarked, “Bringing Ferrero’s decades of experience in crafting high-quality, world-class chocolate to Illinois—the heart of America’s food and confections industry—will propel us towards our objective of becoming the foremost leader in sweets and treats. Ferrero and Bloomington will undoubtedly forge a stronger partnership, shaping the future for years to come.”

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The manufacturing campus of Ferrero in Bloomington currently produces Crunch, 100 Grand, and Raisinets, in addition to its new chocolate processing operations. Furthermore, the campus is set to accommodate a new $214 million Kinder Bueno production facility, slated to commence operations later this year, bringing about the creation of 200 new jobs.

Mayor Mboka Mwilambwe of Bloomington remarked, “Ferrero’s investments have played a pivotal role in the remarkable growth of our community. I anticipate continued prosperity as we move forward together in the years ahead.”

The chocolate processing facility is a part of Ferrero’s broader expansion and investment strategy in North America. Last year, the company inaugurated its new innovation center and research and development laboratories in Chicago.

Continue Exploring: Global cocoa supply shortage pushes Cadbury and major chocolate brands to consider price hikes

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