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10 November 2023

Daily Newsletter

10 November 2023

Nissin Foods USA to build third facility in South Carolina

The factory will encompass solar panels alongside electric vehicle (EV) charging stations and vehicles as part of the company's sustainability aims.

November 10 2023

Food company Nissin Foods USA has announced plans to build its third US manufacturing facility in Greenville County, South Carolina, US.

For this project, the company made an investment of approximately $228m.

The investment is expected to enhance the company’s production capabilities and expand its innovation pipeline, thereby allowing it to meet the demands of its customers more effectively.

The new factory will produce various Nissin-branded products such as its Top Ramen, Cup Noodles, and Hot & Spicy FIRE WOK products, among others. The site is also said to have room for future expansion.

The 640,640ft² factory will include solar panels, EV charging stations, and electric forklifts as part of Nissin's long-term environmental aim to reduce its carbon dioxide emissions by 30% by 2030 and achieve carbon neutrality by 2050.

Nissin Foods USA CEO and president Michael Price said: “For more than 65 years, our instant ramen products and brands have cultivated a loyal consumer base, which has fuelled our relentless growth in the market.

“With the south-eastern portion of the United States being a priority market for Nissin Foods, Greenville’s geographic accessibility, talented labour market, and competitive cost of living make it an ideal location for our new plant.

“Opening a third facility marks a critical turning point for Nissin Foods, solidifying our leadership position in the US market as we continue to grow the instant ramen category.”

Nissin Foods USA's two existing plants in the country are based in Gardena, California; and Lancaster, Pennsylvania.

Investment in the infrastructure and energy & utilities sectors remains a major driver of overall construction growth

Infrastructure and Energy & Utilities sectors expanded in 2020 despite COVID-19 disruptions, which reflected the efforts by governments and public institutions to accelerate investment to stimulate activity. The recovery from the pandemic and the easing of restrictions allowed the resumption of work on major projects in 2021, and growth is set to remain strong in the coming years, particularly given major investment programs in the US and China.

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