Nestlé is investing CHF 563 million to build a new Nescafé production facility in Thailand, a dynamic coffee market worth roughly CHF 1 billion. The facility will also feature an advanced, on-site distribution center, enabling shorter delivery times, better inventory management and greater agility.
"Coffee is Nestlé's largest business globally, and Thailand is one of our biggest coffee markets," said Remy Ejel, Executive Vice President and CEO of Nestlé's Zone Asia, Oceania and Africa (AOA). "By investing in Nescafé, one of our most iconic global brands, we are strengthening our ability to meet growing consumer demand and ensuring local brand relevance to deliver consistent, volume-led growth. This new state-of-the-art factory will increase our Nescafé production capacity in Southeast Asia and contribute to the long-term growth of our coffee business in one of the world's most dynamic coffee markets." |