Mars Says 94% of Its Products Sold in the U.S. are Now Made There, Too
The candy-maker has created 9,000 jobs over the last five years with its investments, according to a new report.
The maker of and gum, including M&M’s and Milky Way, is investing $6 billion in U.S. factories.
The that $2 billion of the six will be invested in the next 18 months with a focus on scaling new businesses, including building a new factory for Nature’s Bakery. (Mars brand Kind, which was founded by “Shark Tank” investor , acquired Nature’s Bakery in 2020.)
Mars CEO posted on LinkedIn Tuesday that 94% of Mars products sold in the U.S are “produced locally in the U.S.” The company also said it has created 9,000 jobs over the last five years with its investments.
The investment will stretch across the company’s many products and brands, which also include Pringles, Snickers, and Pedigree pet food.
“We’re convinced about the long-term strength of the American consumer,” Claus Aagaard, Mars’ chief financial officer, told the WSJ.
Mars is a private, family-owned business headquartered in McLean, Virginia. The Mars family reportedly has a net worth of $117 billion. them the No. 2 richest family in America in 2024 behind the Walton family (Walmart).
Join top CEOs, founders and operators at the to unlock strategies for scaling your business, boosting revenue and building sustainable success.
The maker of and gum, including M&M’s and Milky Way, is investing $6 billion in U.S. factories.
The that $2 billion of the six will be invested in the next 18 months with a focus on scaling new businesses, including building a new factory for Nature’s Bakery. (Mars brand Kind, which was founded by “Shark Tank” investor , acquired Nature’s Bakery in 2020.)
Mars CEO posted on LinkedIn Tuesday that 94% of Mars products sold in the U.S are “produced locally in the U.S.” The company also said it has created 9,000 jobs over the last five years with its investments.
The investment will stretch across the company’s many products and brands, which also include Pringles, Snickers, and Pedigree pet food.
“We’re convinced about the long-term strength of the American consumer,” Claus Aagaard, Mars’ chief financial officer, told the WSJ.
Mars is a private, family-owned business headquartered in McLean, Virginia. The Mars family reportedly has a net worth of $117 billion. them the No. 2 richest family in America in 2024 behind the Walton family (Walmart).
Join top CEOs, founders and operators at the to unlock strategies for scaling your business, boosting revenue and building sustainable success.
