Mondelēz International to invest $24 million to expand confectionery plant in Turkey

• Investment will support growth of global confectionery business
• Part of company’s supply-chain reinvention plan
• Plant production capacity will increase by 20 per cent

Mondelēz International, the world’s pre-eminent maker of chocolate, biscuits, gum and candy, has announced plans to invest $24 million to increase capacity of its state-of-the-art plant in Gebze, Turkey, to support growth in the company’s global confectionery business.Mondelēz International, Inc.

The Gebze plant produces beloved local brands in gum, candy and chocolate, such as Falım, Sıpsevdi, Kent, Missbon, Jelibon, Tofita and Topitop, as well as global brands including Halls, Milka and Trident.

Thanks to the new investment, a complete new line will be added, from processing to final packaging, increasing the plant’s overall capacity by 20 per cent.  The new line is expected to be operational by the end of 2015.

“Today, our plant in Gebze produces for nearly 50 different countries,” said Antoine Collette, Managing Director Mondelēz Turkey. “This new investment enables us to play an even bigger role in supporting the growth of our global confectionery business. The investment in Turkey is also part of our ongoing supply-chain reinvention plan. We’re implementing several such initiatives around the world to capitalise on growing demand, while also reducing costs and improving productivity.”

Mondelēz International’s supply chain reinvention plan is expected to deliver $3 billion in gross productivity savings, $1.5 billion in net savings and $1 billion in incremental cash over the next three years. These savings will be a primary driver of significant improvements in the company’s base operating income margin in the near term.