Kraft to build large cheese, beverage plant in Bahrain
July 17, 2006
by Eric Schroeder
NORTHFIELD, ILL. — Kraft Foods Inc. announced it will build a $40 million cheese and powdered beverages manufacturing plant in the Bahrain International Investment Park.
Kraft Foods said it will begin building the 645,000-square-foot plant in September, with plans to complete the facility by October 2007. Construction of the facility — which will be one of the largest food and beverages manufacturing plants owned by a multinational company in the GCC region — marks Kraft’s first direct investment in the region.
The plant will employ 250 people and will produce cheese and powered beverages for export to the entire Middle East region, where Kraft Foods has been distributing products for more than 50 years.
"We are delighted to be significantly expanding our presence in the region, this investment emphasizes Kraft’s desire to accelerate growth in the Middle East and to focus behind our core categories so we can better meet the needs of both our customers and consumers," said Patrick Satamian, managing director, Kraft Foods, GCC. "Bahrain is ideally suited to our needs, being located within the GCC and offering a stable political environment and attractive investment climate."