Nespresso has announced a CHF 160 million (approximately $170.5 million) investment to expand its Romont production center in Switzerland to meet increasing consumer demand for its premium coffees and support international development in the coming years.
“Despite the challenging times we have all been living in, this strategic long-term investment reconfirms Nespresso’s continuous business success and leadership in the portioned coffee segment, which we pioneered back in 1986,” said Guillaume Le Cunff, CEO of Nespresso, in a press release. “It also demonstrates our continued commitment to our Swiss roots and to the long-term economic development of the region and the country, with which we share values of quality, innovation, and expertise.”
The construction of the second production hall is set to start in June 2021. It will result in an augmented capacity of 10 new production lines dedicated to producing Nespresso coffees for the Vertuo and Professional ranges and the creation of 300 new direct jobs in the next 10 years while increasing third-party employment and local and regional business development. The first new production lines are expected to be fully operational by June 2022.