Nestlé unveils new $40 million investment at Milo factory
Nestlé has unveiled the final stage of the expansion of its Smithtown factory on the NSW mid-north coast, which includes new facilities to house state-of-the-art technology that is rumoured to be the first of its kind in Australia.
The company has spent $53 million on the factory since 2011, with the majority of this dedicated to bringing production of the Nescafé Café Menu to Smithtown after a foot and mouth disease outbreak in Korea in 2010. Nearly 25 full-time positions have been created since 2011.
“The decision to create this substantial investment and a long-term vision for our business in Smithtown is a tribute to the region, its residents and the local economy,” said Nestlé Australia’s Business Executive Manager - Beverages Evan Gongolidis.
“Smithtown has proved to be a wonderful home for us to produce iconic products such as Milo that have been enjoyed in the homes of generations of Australians.”
“Nestlé is not only one of the biggest employers in the area but has also been in Smithtown for more than 90 years - with many more to come,” said State Member for Oxley Andrew Stoner.
“This region will continue to be prosperous and we welcome and thank Nestlé’s continued support to our local economy.”
The Smithtown factory has been in operation since 2011 and is the birthplace of Milo. The factory also produces Nesquik and Nestlé Malted Milk.
Texture challenge for plant-based calamari
Recreating the chewy texture properties of fried calamari rings in a plant-based form has been a...
Two Aussie startup finalists in PepsiCo Greenhouse Accelerator Program
The PepsiCo program attracted strong interest from startups across Australia and NZ seeking...
Malting alternative could reduce beer production costs
A US economic study has found that rice malt could help to decrease beer production costs by up...