RIO DE JANEIRO, BRAZIL - (Reuters) Lake Geneva-based food giant Nestlé said on Wednesday that it would invest R$1 billion (US$250 million) in Brazil’s São Paulo state over the next three years to introduce new product lines and technologies in existing factories, as well as push forward a digital transformation.
The announcement comes as the São Paulo Governor João Dória strives to draw investments to the state and boost industrial jobs in Brazil’s historic manufacturing center.
On August 9th, he unveiled during a trip to China that Huawei Technologies Co Ltd would . . .