Barry Callebaut opens chocolate factory in Mexico
Barry Callebaut, a manufacturer of cocoa and chocolate products, has opened a new chocolate factory in Monterrey, Mexico.
According to the company, with an annual production capacity of around 100,000 tones, the new factory is Barry Callebaut's third largest chocolate factory worldwide. The total investment amounted to approximately $40 million. Expansion into Mexico allows Barry Callebaut to deliver chocolate to the local Mexican market, the southern region of the US, and to Central and South America.
The new production site in Monterrey will offer Barry Callebaut a high level of flexibility within the region to respond to growing demand in both Mexico and North America more broadly. Barry Callebaut operates eight chocolate and cocoa factories in the Americas.
The new factory is designed to manufacture industrial chocolate which includes liquid and moulded chocolate as well as compound chocolate. Capacity utilization at the plant is expected to reach 60-70% by the end of fiscal 2009. Full capacity is expected to be reached within five years.
Patrick de Maeseneire, CEO of Barry Callebaut, said: Our new chocolate factory in Monterrey, Mexico, will enable Barry Callebaut to move closer to its growing customer base of multinational and local food manufacturers in this region. Chocolate confectionery in Mexico is expected to grow on average by 6.5 % per year in value terms over the next five years.
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