Ferrero plans facility in Canada

Italian confectionery giant Ferrero will soon open its first manufacturing plant in the Americas. The plant based in Brantford/Ontario, will serve the Central and North American markets, with 75 per cent of the output going to Mexico and the United States. Ferrero expects construction to be completed by the end of February. The investment, which is thought to be close to €250 million, will at first only produce the Ferrero Rocher brand. The manufacturing complex will initially create 650 jobs. The number of employees is expected to double in two years. The family business is believed to have world sales of € 5.5 billion.