Humble Group steps up Swedish confectionery production [Yahoo! Finance]
ORKLA AS A S/ADR (ORKLY)
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Source: Yahoo! Finance
The listed group, which markets products from confectionery and sports nutrition to home and personal care, is leasing a new factory in its domestic market. Humble, which is spending SKr135m ($14.4m) on the site in the southern Swedish town of Skövde, expects to double the production of soft confectionery products from its Grahns Konfektyr subsidiary. Grahns Konfektyr, which has another facility in the same town, makes hard- and soft-boiled confectionery, jelly products and chocolate lines. The company projects the business will be able to make around 11,000 tons of jelly products a year. “The new factory will enable Grahns to double its capacity as well as being able to streamline production flows when producing multiple product categories – hard- or soft-boiled, jellies or sugar-free,” Humble CEO Simon Petrén told Just Food The work in the factory is scheduled to be completed next summer. “Grahns will be able to continue to deliver growing volumes to Pändy – one of our
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