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Mondelez Will Pour $130 Million Into Biscuit Manufacturing

Posted On: 2/17/2014

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TAGS: Mondelez International Inc. biscuit manufacturing technology, Mondelez biscuit network, cookie and cracker production, Oreo, Nabisco, Cindy Waggoner

EAST HANOVER, NJ -- Mondelez International Inc. said it is investing more than $130 million in new manufacturing technology and capabilities for its U.S. biscuit network. The outlay will benefit bakeries in Fair Lawn, NJ, and Richmond, VA, supporting the packaged food giant's "priority" cookie and cracker brands and product platforms.

The maker of Oreo and Nabisco cookies said it will consolidate its current U.S. biscuit manufacturing footprint on the East Coast, resulting in the closure of its Philadelphia bakery by early 2015, which will affect approximately 350 employees.

Cindy Waggoner, vice-president of Mondelez's North America integrated supply chain for biscuits, said the investment and consolidation should improve the company's manufacturing network and accelerate growth of the biscuit category.