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Lotus Bakeries to Invest Eur27m to Expand Belgian Production Capacity

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Lotus Bakeries to Invest Eur27m to Expand Belgian Production Capacity

September 29
09:30 2010

Due to rising export sales of its biscuits and cakes in France, Netherlands, UK, US and Asia, Lotus Bakeries is investing Eur27m to expand production capacity at its Belgian operations over the next three years. The group’s site at Lembeke will be extended and all caramelized biscuit production will be centred there. Lotus will also consolidate all cake production at its plant at Oostakker. Both projects are expected to be operational in 2013. Some 20 jobs will be created in the medium term.

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