Unveiling innovation: Petfood companies get growing in 2012
New partnerships, facilities and initiatives from petfood leaders around the world
The top petfood companies around the globe aren't just pulling in impressive figures and extended space on retail shelves. Industry giants are constantly innovating by breaking new ground for facilities, expanding the market with new products and ingredients, and building business partnerships that strengthen investments. Find out just what industry leaders are doing to keep their businesses growing and other newsworthy accomplishments of the past year, here!
- NestlÃ© Purina has made a series of investment announcements in the past year. The company has invested US$15 million in the construction of a new training facility at its St. Louis, Missouri, headquarters to allow more of its 17,500 employees around the globe to receive training. In Argentina, the company continued a massive expansion of its Santo TomÃ© factory, increasing production by 50% and adding 250 direct and indirect jobs by creating a third production line, two new packaging lines, new production technologies, additional storage capacity for raw materials and improved ingredient-mixing facilities. Additional investment announcements in 2012 include upgrades to the company's factories in Australia and Hungary. In late 2011, NestlÃ© Purina PetCare announced a US$48 million investment in a Vorsino, Russia, wet petfood production facility.
- Ohio Pet Foods, which specializes in custom formulation and private label petfood, has been rapidly expanding its reach. It purchased Blackwood Pet Food in 2011, and followed that acquisition in 2012 with the takeover of the former Chenango Valley manufacturing facility.
- Mars Petcare and The Nutro Company broke ground on a US$87 million world-class Regional Innovation…