Mars Brands Made in US, Investing Billions in Factories

The maker of fashionable candies and gum, together with M&M’s and Milky Means, is investing $6 billion in U.S. factories.

The Wall Avenue Journal reviews that $2 billion of the six might be invested within the subsequent 18 months with a deal with scaling new companies, together with constructing a brand new manufacturing facility for Nature’s Bakery. (Mars model Sort, which was based by “Shark Tank” investor Daniel Lubetzky, acquired Nature’s Bakery in 2020.)

Mars CEO Poul Weihrauch posted on LinkedIn Tuesday that 94% of Mars merchandise bought in the united statesare “produced regionally within the U.S.” The corporate additionally stated it has created 9,000 jobs during the last 5 years with its investments.

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The funding will stretch throughout the corporate’s many merchandise and types, which additionally embody Pringles, Snickers, and Pedigree pet meals.

“We’re satisfied concerning the long-term power of the American shopper,” Claus Aagaard, Mars’ chief monetary officer, informed the WSJ.

Mars is a non-public, family-owned enterprise headquartered in McLean, Virginia. The Mars household reportedly has a web value of $117 billion. Forbes ranked them the No. 2 richest household in America in 2024 behind the Walton household (Walmart).

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The maker of fashionable candies and gum, together with M&M’s and Milky Means, is investing $6 billion in U.S. factories.

The Wall Avenue Journal reviews that $2 billion of the six might be invested within the subsequent 18 months with a deal with scaling new companies, together with constructing a brand new manufacturing facility for Nature’s Bakery. (Mars model Sort, which was based by “Shark Tank” investor Daniel Lubetzky, acquired Nature’s Bakery in 2020.)

Mars CEO Poul Weihrauch posted on LinkedIn Tuesday that 94% of Mars merchandise bought in the united statesare “produced regionally within the U.S.” The corporate additionally stated it has created 9,000 jobs during the last 5 years with its investments.

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