Currently, Plant-based products have soared in popularity, as consumers are demanding more and more plant-based products. Nestle USA announced Wednesday it will build a $675 million plant in metro Phoenix for the production of plant-based beverages.
Nestle plans to employ over 350 people in Glendale once its factory opens in 2024. Nestle makes the Coffee mate creamer brand.
According to the Arizona Commerce Authority, the project will be eligible for up to $7 million in state tax subsidies if Nestle meets its commitment to create 350 jobs.
Planned facility comes at a time when the number of people who consume plant-based foods and beverages is growing rapidly.
With the message that oat milk is healthier and more environmentally sustainable than cow’s milk, oat milk has been winning a lot of consumers including famous investors like Oprah Winfrey.
It has spent more than $3 billion since 2020 extending existing factories and building new ones, according to Nestle USA, a division of the swiss firm Nestle S.A. A new facility in Glendale will join its 14 existing units in the U.S. producing food and beverages.
It is expected that Nestle will announce this year a $25 million gluten free bakery in Medford and Wisconsin.
In a statement, Nestle USA CEO Steve Presley stated that the company is focused on its high-growth products, which include coffee, frozen meals, beverages, and pet products.