Kellogg to invest in upgrade at Rice Krispies Treats facility
January 11, 2007
by FoodBusinessNews.net Staff
ROME, GA. — The Kellogg Co. announced it will invest $35.5 million over two years to automate and update equipment at its Rome manufacturing facility.
Battle Creek, Mich.-based Kellogg said the project will include automating two of its Rice Krispies Treats lines and adding a new line for the product.
With the investment at the Rome facility, Kellogg qualified for a tier-three tax break, meaning the company would not have to pay property taxes on the investment for 10 years. However, Kellogg said it would add its own financial support to the community by voluntarily paying taxes used educational benefits.
"Kellogg obviously believes in the future of this community and chooses to contribute toward the development of its future workforce," said Ronnie Wallace, mayor of Rome. "When a company makes the decision to voluntarily pay those taxes, it shows that it plans on staying here and growing its local presence."