MCLEAN, VA — Mars, Inc. has made several investments in US manufacturing over the years, $6 billion of which have been contributed in the last five. The company, which recently announced its acquisition of Kellanova, is furthering its commitment with another estimated $2 billion set to bolster its operations by the close of 2026.
“This investment is about building a stronger, more resilient business in the US — one that can grow with our consumers, deliver for our partners and create lasting economic impact in the communities where we operate,” said Claus Aagaard, CFO of Mars.
This move aligns with the company’s long-standing support of US manufacturing, which is critical given that 94% of Mars products sold in the US are produced locally.
The funds will back projects including the $240 million Salt Lake City facility for Nature’s Bakery. Announced January 2024, the new bakery boasts more than 339,000 square feet and will produce nearly 1 billion bars a year.
“The US is our biggest and most important market, and a key engine of growth for the long term — not only through our legacy manufacturing footprint but also through the expansion of strategic acquisitions like Nature’s Bakery, which is already scaling quickly,” Aagaard said.
