Nestle Takes Aim at the Booming Pet Food Market With a Big New Factory

Just a year after its new Purina pet food factory in Hartwell, Georgia started operations, Nestle (OTC: NSRGY) announced it is spending more than half a billion dollars to expand the facility. Among the planned additions are bigger warehousing spaces and the necessary infrastructure to start producing Friskies cat food there, joining the current manufacture of Fancy Feast and other brands.

Governor Brian Kemp expressed his support for the plans. It is a pleasure, he said, "to see a world-renowned company like Nestlé Purina expand their operations in the Peach State." The governor added that he is "grateful for Nestlé Purina's continued investment in Georgia." The new expansion will increase the facility's total jobs by 130 to 370 people and is expected to start operating by 2022.

Image source: Purina.

Source Fool.com