date:Jun 26, 2013
Swiss food company Nestl is set to open two facilities in China next month, in order to take advantage of the increasing demand in the country.
Greater China chairman and chief executive officer Roland Decorvet was quoted by the Bloomberg as saying that the company will open a food factory in Anhui province and another coffee plant in Shandong province.
Nestl will open the new food plant in partnership with Yinlu Foods, in which the Swiss company holds a 60% stake.
The new food plant, whic