Mars to Invest $2 Billion More in U.S. Manufacturing Operations
- Consumer Goods & Services
Fallon Wolken
- 0
- 2 minutes read
Mars is investing billions into its U.S. factories in an effort to increase capacity and scale innovation across its portfolio of brands, which includes Snickers, Dove, M&Ms, Royal Canin and others.
This latest funding builds on a $6 billion investment that it allocated toward U.S.-based manufacturing over the past five years to meet growing demand.
Ninety-four percent of the company’s products are sold and produced locally in the country, according to Mars.
The $2 billion addition will be spent on infrastructure and operations through the end of 2026.
“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 Claus Aagaard, CFO, in a statement.
