Business

Mars Inc. Unveils $2 Billion Investment Plan to Boost US Manufacturing by 2026

Mars Inc. Announces Major US Investment

In a bold move to strengthen its presence in the United States, Mars Inc. revealed on Tuesday its plan to inject an additional $2 billion into its US factories over the next 18 months. This ambitious investment underscores the company's commitment to growth and innovation in the snacking, food, and pet-care sectors.

Building on a Strong Foundation

Over the past five years, Mars has already invested $6 billion in the US, a strategy that has created 9,000 jobs. The latest funding will further this momentum, with a focus on expanding the Nature's Bakery facility in Utah and enhancing existing operations through cutting-edge automation technologies.

A Vision for the Future

"This investment is about building a stronger, more resilient business in the U.S. - one that can grow with our consumers, deliver for our partners, and create lasting economic impact in the communities where we operate," said Mars CFO Claus Aagaard. This statement highlights the company's dedication to not just economic growth, but also to fostering community development and innovation.