New WILD Production Facility in the Middle East
WILD Company to Invest AED 100 Million in Jebel Ali Production Facility
21/10/05 The WILD Company, the largest privately owned supplier of natural flavor ingredients for the food and beverage industry announced today, that it is going to open its first manufacturing facility in the Middle East. The plant, which will be built in the Jebel Ali Free Zone in Dubai, will have a capacity of 75,000 tons and will cater for the markets of the GCC, Levant, North Africa and the Indian Subcontinent.
WILD is investing about AED 100 million in the launch phase of its manufacturing facility and intends to invest more capital within the next five years. It is the first international food ingredients company to open a manufacturing facility in the Middle East. The plant will employ 125 workers.
Established in Germany in 1931, WILD is the world's leading privately owned manufacturer of natural flavor ingredients for the food and beverage industry including flavor systems, flavors, extracts, fruit and vegetable preparations as well as natural colors, concentrates, sweetening systems and specialty ingredients such as functional flavors and flavor keys.
During a press conference in Dubai, the owner and chairman of WILD, Dr. Hans-Peter Wild said: "As one of the fastest growing markets for the food and beverage industry, The Middle East and Africa represent a very important territory for us. The investment is a response to our company's double digit growth in the Middle East during the recent years. With the opening of our plant in Jebel Ali we are establishing our solid presence in this market, providing the much needed one-stop solution for our customers and partners in the region."
WILD customers will benefit from local product development and shorter production lead times.