Nespresso to open new 250-mn-euro factory to meet demand

EU Business Thursday 3rd May, 2012

(ZURICH) - Coffee capsule company Nespresso said on Thursday it intends to open a new factory in western Switzerland costing 300 million Swiss francs (250 million euros, $329 million) to meet growing global demand.Nespresso, a subsidiary of Swiss food giant Nestle, said work on the production centre -- its third -- would start in late 2012 and wrap up by mid-2015.The company said the factory in the town of Romont would create 400 jobs.Nespresso r...

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