One of the most beloved candy makers in the world is promising to invest billions into the United States economy.
The company responsible for confectionery favorites like M&M’s and Skittles is pledging an additional $2 billion into the American economy. The announcement was made on Tuesday and includes an investment of $240 million for a Nature’s Bakery facility set to open on Wednesday in Utah, according to Fox Business.
“The over-339,000-square-foot Nature’s Bakery site will create more than 230 new jobs in the region and help the company produce nearly 1 billion bars each year, according to Mars,” the outlet reported.
“The U.S. is our biggest and most important market, and a key engine of growth for the long term – not only through our legacy manufacturing footprint but also through the expansion of strategic acquisitions like Nature’s Bakery, which is already scaling quickly,” said Mars CFO Claus Aagaard.
Over the last five years, Mars has invested over $6 billion to boost production in the U.S., including the opening of a $450 million facility in Ohio in early 2025. The facility, which produces the company’s Royal Canin animal food, created 270 new jobs.
Mars is the latest company to pledge more investment funds to the American economy, helping to fulfill President Donald Trump’s agenda and bringing more jobs and money to the United States.
“The administration previously touted that ‘Trump is on a mission to make America the manufacturing superpower of the world.’ While economist Michael Szanto believes moving more manufacturing back to the United States is a ‘worthy goal,’ he said it ‘will take time and will not be without pain,’” Fox Business reported.
By AmericanWireNews, Forwarded from NextDaily News
