Swiss food and beverage giant Nestle intends to invest $79.5 million to upgrade its Anderson, IN manufacturing plant with new equipment, the Anderson Herald-Bulletin reported Thursday.
Covering on-going tax abatement negotiations between Nestle and the Anderson City Counsel, the newspaper said the project will add on about 30 jobs with an average salary of $75,000. The city council plans to hold a meeting to decide on a proposed tax abatement of 65% for six years on Jan. 11.
The Nestle plant in Anderson produces creamer products under the Coffee Mate brand and Boost nutritional drinks, according to the newspaper.
Nestle spokesperson Josh Malancuk told the Herald-Bulletin that the firm has invested $800 million in the Anderson facility since its opening in 2009.
774 workers are presently employed at the facility.