Barry Callebaut plans to increase US production to combat challenges in North America
From Yahoo Finance: 2025-04-10 05:39:00
Swiss chocolate maker Barry Callebaut plans to increase U.S. production to combat challenges in North America and better serve customers. CEO Peter Feld announced plans to scale up a facility to 100,000 tons. The company is also investing in its plant in Brantford, Canada. North America represents over 10% of global sales volume. President Trump’s tariff announcements have impacted U.S. operations, prompting adjustments like Lindt supplying chocolate from Europe to Canada to avoid tariffs. Despite challenges, Barry Callebaut remains optimistic, believing the worst quarter is behind them.
Read more at Yahoo Finance: Barry Callebaut to scale up US production to cope with ‘disruptive environment’