Nestlé inaugurates P2.8B Chuckie plant in Batangas
Nestlé Philippines inaugurated yesterday a brand-new plant at its Tanauan, Batangas factory with investments in the facility totaling to P2.8 billion.
The plant, with an area of 14,688 square meters, will manufacture NESTLÉ CHUCKIE, the leading chocolate milk ultra-high temperature(UHT) brand in the country.
By mid-year, the plant will also start producing NESTLÉ ALL PURPOSE CREAM.
“At Nestlé Philippines, we prioritize local manufacturing over product importation. When we manufacture in the country, we bring in technology, generate employment, pay taxes, contribute to the further development of the manufacturing sector, and create a positive ripple effect in the economy,”Nestle Philippines Chairman and CEO Kais Marzouki said.
Marzouki said the company’s capital expenditure investments in the five years from 2014 to 2018 have totaled P13.7 billion, averaging P2.7 billion per year.
The bulk of these investments have been spent to upgrade manufacturing at Nestlé’s four factories in Cabuyao, Cagayan de Oro, Lipa, and Tanauan. Investments have also been made to enhance distribution capabilities. Right now, the company employs 3,700 people.
“Our investments demonstrate our faith in the Philippines over the long term and express our commitment to participate in economic growth and nation-building as we have done for more than a hundred years,” said Marzouki.