- Danone North America ( OTCQX:DANOY ) announced Wednesday an investment of up to $65M to add a new bottle production line in Jacksonville, Florida.
- The capital investment will help expand production capabilities and scale key U.S. brands, including International Delight creamers, Silk plant-based creamers and StoK ready-to-drink coffee. The project will also generate up to 40 new full-time jobs.
- "We are delighted to announce this investment in our North American business, which will allow us to capitalize on consumer demand in key beverage categories including coffee creamers, plant-based creamers, and ready-to-drink coffee, while also supporting our long-term growth agenda," said Shane Grant, Group Deputy CEO, CEO Americas.
- The capital will be invested over the next two years.
For further details see:
Danone to invest $65M in North American business