Mars, Incorporated has announced plans to grow its U.S.-based manufacturing by investing an estimated $2bn into its operations across the country by the end of 2026.
This multi-billion-dollar investment builds on the ongoing Mars commitment to U.S.-based manufacturing, where 94% of Mars products sold in the U.S. are produced locally in the U.S. In the last five years, the company invested over $6bn into U.S. manufacturing.
“This investment is about building a stronger, more resilient business in the U.S. – one that can grow with our consumers, deliver for our partners, and create lasting economic impact in the communities where we operate,” said Claus Aagaard, CFO of Mars, Incorporated. “The U.S. is our biggest and most important market, and a key engine of growth for the long term – not only through our legacy manufacturing footprint but also through the expansion of strategic acquisitions like Nature’s Bakery, which is already scaling quickly. That’s why we’ve committed $6bn to U.S. manufacturing in the last five years, with another $2 billion planned by the end of next year.”
The $2bn investment is supporting a new, $240m facility for Nature’s Bakery in Salt Lake City, Utah, which opened recently. The 339,000+ square-foot Nature’s Bakery site will create more than 230 new jobs in the region and expand the brand’s capacity, with the ability to produce nearly one billion bars each year.
Earlier this year Mars opened a $450m Royal Canin® dry pet food facility in Lewisburg, Ohio – the brand’s largest dry pet food factory globally – creating up to 270 new jobs in the area.
Interested in hearing about the latest North American manufacturing news right in your inbox each week?
Sign up to The Manufacturer Digital Briefing – North American Edition
