Mondelez considering investment of about £75M to upgrade, modernize its Cadbury confectionery facilities in Bournville, Birmingham, England
Nevin Barich
LOS ANGELES
,
January 23, 2014
(Industry Intelligence Inc.)
–
Mondelez International Inc. is considering an investment of about £75 million (US$124.6 million) to upgrade and modernize its Cadbury confectionery facility in Bournville, Birmingham, England, The Guardian reported Jan. 23.
The move would secure the next generation of chocolate manufacturing at the factory, which was opened in 1879 and turns out 1.2 million Creme Eggs, 5.5 million bars of chocolate and 400 million Dairy Milk Buttons a day among other products, the company said.
Mondelez said securing the investment depended on the results of consultations with employees to cut costs and change ways of working.
The primary source of this article is The Guardian, London, England, on Jan. 23, 2014.
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