- Mars Inc. will invest $2B in its US manufacturing operations by the end of 2025, expanding its capabilities in both candy and snack food production.
- The move includes a new $240M facility in Salt Lake City for the Nature’s Bakery brand, which will produce nearly 1B bars annually and create over 230 jobs.
- This follows a recent $450M pet food plant opening in Ohio for the Royal Canin brand, part of Mars’ broader $6B capital investment over the past five years.
- The family-owned conglomerate manufactures 94% of its US products domestically and employs over 70K people across 49 states.
Building On Sweet Success
Mars Inc. is the global confectionery and pet food giant behind brands like Snickers, Twix, and Skittles. The company announced plans to invest $2B in its US manufacturing operations by the end of next year, reports Bisnow. The move reinforces the company’s commitment to scaling its domestic footprint and supporting its growing portfolio of brands.
Get Smarter about what matters in CRE
Stay ahead of trends in commercial real estate with CRE Daily – the free newsletter delivering everything you need to start your day in just 5-minutes
Focus On Nature’s Bakery
At the heart of this expansion is a new 339K SF facility in Salt Lake City for the company’s Nature’s Bakery brand. The $240M site, opening this week, is expected to generate over 230 jobs and push output capacity to nearly 1B snack bars per year.
“The US is our biggest and most important market,” said Claus Aagaard, CFO of Mars Inc., highlighting the role of acquisitions like Nature’s Bakery in the company’s long-term growth strategy.
A Broader Investment Strategy
The announcement builds on Mars’ ongoing US investment, including $6B in capital spending over the last five years. Earlier in 2024, the company opened its largest plant globally—a $450M Royal Canin facility in Ohio expected to create up to 270 jobs.
The Bigger Picture
Headquartered in McLean, Virginia, Mars Inc. generates $55B in annual revenue and operates 38 US factories. Mars offers a product lineup that includes candy, snacks, and pet food. The company is a dominant force in American consumer goods, producing 94% of its US portfolio domestically.
The company owns over 40 well-known brands, including 3 Musketeers, Dove, Milky Way, Life Savers, and several gum labels acquired through its 2008 purchase of Wrigley.
Why It Matters
Mars’ investment reflects broader confidence in US-based manufacturing and the rising demand for both indulgent treats and better-for-you snack options. The company has a diverse product range and a strong market presence. It is positioning itself to meet evolving consumer needs while driving economic growth through job creation and facility expansion.