NESTLÉ PLANS TO INVEST $472 MILLION IN NEW ITALIAN PET FOOD FACILITY

Nestlé, the multinational food and beverage company, has announced its intention to invest a substantial $472 million in the construction of a new pet food manufacturing facility in Italy. This significant investment underscores Nestlé's commitment to expanding its presence in the pet food market and meeting the growing demand for high-quality pet nutrition products. The new facility, expected to be operational shortly, will be located in Italy and will focus exclusively on the production of pet food. Nestlé aims to leverage advanced technology and innovative manufacturing processes to ensure