Nestlé opens new milk factory in China

Thursday, 05. July 2007 08:02



Vevey, 5 July 2007 - Nestlé today inaugurated a new state-of-the-art
milk factory in Erguna, near Hulunbeir, in the Chinese Inner Mongolia
Autonomous Region. The ceremony took place in the presence of the
regional authorities and Mr. Peter Brabeck-Letmathe, Chairman and CEO
of the Nestlé Group.
Since the Nestlé Group began investing in China two decades ago, the
Company has opened 21 factories in 18 different sites across the
country and today employs about 13,000 people. In 2006, Nestlé had
sales of CHF 1.9 billion in China.
The new milk powder factory is situated in an area of high-quality
natural grasslands and will help Nestlé to cope with increasing
consumer demand for the Company's milk products. Today, Nestlé buys
fresh milk from some 40,000 Chinese farmers and provides them with an
overall regular income of around CHF 500,000 per day, fostering a
rural sustainable development for the communities concerned. At least
200,000 people benefit directly and indirectly from Nestlé's milk
activities in China. In addition to being a reliable and regular
buyer of fresh milk, Nestlé has provided daily technical assistance
to the farmers over the last 20 years, helping them to increase the
quality, quantity and efficiency of their fresh milk production.
Mr. Brabeck-Letmathe said: "I am proud of this pioneering new
investment that we have made in the Inner Mongolia Autonomous Region
and I want to express my gratitude to the authorities, both at
national and local level, for their continuous support and fruitful
cooperation."

Contacts:
Media: François-Xavier Perroud Tel.: +41-21-924 2596
Investors: Roddy Child-Villiers Tel.: +41-21-924 3622



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Nestlé S.A.
Avenue Nestlé 55 Vevey

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Author:
Hugin
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