![]() Founded in 1866 by Henri Nestlé, today the Nestlé corporation owns more than 2,000 brands. Governments and business then race each other to the bottom in a destructive spiral that harms everyone.ġ911 Nestlé ad in Good Housekeeping magazine. As negligence is further normalized, governments must entice businesses with more concessions, which encourages even worse behavior from corporations. This enables the businesses to create more profit by cutting corners around labor rights, safety protections, and environmental standards. In this nightmare of our own creation, if it is more cost-effective for corporations to commit mass atrocities and pay a fine, than to not commit atrocities, the corporation is compelled to commit atrocities to ensure shareholder returns.įurther, this maximization of profit through unhinged business practices and investment tactics creates a cycle of destruction further fed by governments and institutions relaxing rules to entice companies to do business in ways that financially benefit that government. Multinational corporations are required by law to place the financial interests of shareholders above all other matters, even if that requires them to prioritize the bottom line above the common good. The new production line takes total investment in the facility to €75m over the last five years.Corporations like Nestlé are essentially doomsday machines: man-made creations that will ultimately destroy humanity if allowed to continue as they are. The La Penilla factory began chocolate production in 1929. Other investments mainly boosted the company’s capacity to manufacture pet food. The investment is one of eight Nestle has made in Europe in the past year, such as the expansion of its Product Technology Centre in York, UK in September. The new moulding line will help us to increase our capacity in the Gifting offer and also to rationalise our production,” he said “We already have a very significant export business to 11 countries, with the special highlight of most of the tablet range for Nestle France. Peralejo said the recent investment would help Nestle boost its exports. “The new moulding line represents a technology breakthrough, the first of its kind in the Spanish market that will allow us to produce very innovative sweets combining different tastes and textures,” he said.Īround 40% of the plant’s annual production is exported to 45 countries worldwide. He said the production line would enable Nestle to develop new products, but would not give precise details. “We can say that 1/3 of every Kg consumed in Spain, come from Nestle products,” he said. Juan Carlos Peralejo, business executive manager of chocolates for Nestlé Spain, told : “ Nestle means primarily chocolate for the Spanish consumer, and is the clear market leader.” Its new production line, which will produce Nestle’s gift chocolate brand Caja Roja, will increase the plant’s annual production capacity by 7,000 tonnes. In 2010, sales of Nestle products in Spain amounted to €2.209m up 6.3% on the previous year. In its 2011 nine month sales, Nestle reported organic growth of 3.7% in Spain, Italy, Portugal and Greece. ![]() Packaging & Packing Materials, Containers.Processing Equipment & Systems, Automation, Control.Filling & Packaging Equipment & Systems.
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