Campbell invested more than $30m in the project, reflecting its strategy to drive continued growth and innovation in its global baking and snacking portfolio.
Key components of the segment are Pepperidge Farm in the US and Arnott’s Biscuits in Australia. In fiscal 2012, sales increased 2% in the segment to $2.193bn.
Denise Morrison, president and CEO, Campbell Soup Company, said: “Campbell is committed to driving sustainable, profitable net sales growth through consumer-focused innovation.”
Source: Campbell Soup Company
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