Flavors and fragrances supplier Givaudan said that its Fragrance & Beauty business is injecting CHF 75 million (about $82 million) to expand the fragrance manufacturing capabilities of its Pedro Escobedo, Mexico to support the firm’s growth in Latin America.
Slated to reach completion by the end of 2023, the project includes the implementation of a range of automation technologies, including logistics automation. The added space is designed to manufacture both small and traditional sized volumes.
“Investing in our production facility in Mexico – an important high-growth market for Givaudan – demonstrates our commitment to our customers, and aligns to our 2025 strategy and purpose,” said Maurizio Volpi, president, Fragrance & Beauty, said in a recent company release. “This investment will strengthen our position as a strategic partner to our customers in the region and will cater to the increasing consumer demands for great smelling sustainable fragrances.”
Givaudan’s Fragrance & Beauty business is broken up into three units, Fine Fragrances, Consumer Products, and Fragrance Ingredients and Cosmetics Ingredients