Nestle Malaysia's Sri Muda factory to spur manufacturing capability by 75%

KUALA LUMPUR: Nestle Malaysia Bhd’s new Sri Muda factory in Shah Alam, which will commence operations by the fourth quarter of 2014, is set to boost its ready-to-drink manufacturing capacity by 75%.

Speaking to reporters at a press conference after its AGM, Nestle Malaysia finance and control executive director Marc Seiler said that the investment outlay for the new factory would largely be funded by the RM280mil capital expenditure (capex) for 2014.