Facility investment
Kinder Joy maker Ferrero pumps $9m into New Jersey facility expansion
The Italian confectionery giant has invested $9m to expand its facility in Franklin Township, Somerset, New Jersey.
The investment is expected to add 100 local jobs and bring the factory to a total of 67,000 square feet of packaging and warehousing capabilities.
The announcement came two years after Ferrero injected $12m into the same manufacturing location to support the launch of Kinder Joy eggs, which previously were not available in the US.
‘Since its debut in November 2017, Kinder Joy surpassed all Ferrero and industry targets for a new product, with more than 90 million eggs sold,’ the company said, adding the success of the brand in the US warranted the additional $9m in investments this year.
Paul Chibe, president and CEO of Ferrero North America, said: “We are proud to do business in Franklin Township, and we’re thrilled to be expanding our existing operations here.
“This renovation demonstrates the ongoing commitment Ferrero has to doing business in the state of New Jersey, and we’re confident this will continue to be a successful partnership for us all.”
Ferrero has made several high-profile acquisitions in recent years to expand its footprint in North America, including iconic Chicago chocolate brand Fannie May, Delacre biscuits, gummy maker Ferrara, and Nestlé’s US candy business.
