CSM Expands German Frozen Bakery Production
CSM will invest EUR 19 million in this new facility for innovative American style products, one of the key categories in the company. The new facility is scheduled to supply the German and other European markets from early 2007 onwards.
17/05/06 CSM’s subsidiary BakeMark Deutschland, the largest operating company within the Bakery Supplies Europe division, will expand its production capacity for frozen bakery products at its Delmenhorst factory. CSM, global market leader in bakery supplies, will invest EUR 19 million in this new facility for innovative American style products, one of the key categories in the company. The new facility is scheduled to supply the German and other European markets from early 2007 onwards.
This investment is part of CSM’s worldwide restructuring program leading to the reinforcement of CSM’s market positions and organizations. Earlier this month CSM announced that CSM Bakery Supplies North America is merging Caravan Products (Totowa, New Jersey) and American Ingredients Company (Kansas City, Missouri) into a single operating company. Approximately 30 positions and individuals will be affected by redundancies and the relocation of responsibilities.
The programme has already led to many restructuring measures including, so far in 2006, reorganizations in North America and Europe (the Netherlands, France, Germany and the UK).
