PRESIDENT'S ADDRESS: In his speech during the Nestlé Tanauan Factory groundbreaking ceremony, Philippine President Benigno Aquino thanked Nestlé for keeping the faith in the Philippines and the Filipinos: “The government shares your goal of Good Food, Good Life.”
A PHP 4.3 billion investment (over CHF 98 million) to construct a new Nestlé Coffee-mate and Bear Brand factory in the Philippines was marked by a groundbreaking ceremony on November 23, 2010.
Announced by the Company in July, the 27-hectare site in Tanauan, Batangas, is expected to be completed in March 2012.
Producing Coffee-mate Non-Dairy Creamer and Bear Brand Powdered Milk Drink, the facility aims to spur economic growth in the surrounding communities in the country. It will also directly employ a new work force of 170, and generate many other jobs in businesses supplying the facility with raw materials and services.
At the groundbreaking ceremony on site, John Miller, Nestlé Philippines Chairman and CEO, was joined by His Excellency, President Benigno S. Aquino III, to mark the start of the project.
Swiss Ambassador to the Philippines Ivo Sieber; Trade and Industry Secretary Gregory Domingo; Batangas Vice-Governor Mark Leviste, Tanauan City Mayor Sonia Torres-Aquino; and Santo Tomas Mayor Renato Federico, also attended the event.
Mr Miller said: “In 2011, Nestlé will celebrate one hundred years in the Philippines. It is fitting that most of the Tanauan factory’s construction will take place during Nestlé Philippines’ centennial, signifying our continuing commitment to supplying quality, Philippine made products to our valued Filipino consumers.”
“Our investments, in line with our corporate belief in Creating Shared Value for all stakeholders, also demonstrates our confidence as we look forward to the next 100 years of nurturing Filipino families by offering nutritious, health and wellness products.”
Mr Miller added that demand for the two brands – both of which are household names and market leaders – has been consistently growing over recent years, necessitating this expansion in our manufacturing base.
In addition to this latest investment, Nestlé is also continuing to invest in its four existing factories in the Philippines, focusing on technology and equipment upgrades in order to meet growing demand for its products. In 2009, Nestlé Philippines produced almost half a million metric tonnes of products including coffee, milk, beverages, non-dairy creamer, food, infant nutrition, ice cream, chilled dairy, and breakfast cereals.