Tiger Brands' largest investment in 5 years: A new R300m peanut butter plant

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Tiger Brands News

Tjaart Kruger,Food Production

Tiger Brands' largest investment in 5 years: A new R300m peanut butter plant

Tiger Brands launched its new R300-million Black Cat peanut butter plant in Krugersdorp on Friday - its largest single capital investment in at least five years.facility, which employs 62 full-time staff, began manufacturing its first product lines in November last year after SA's largest food producer moved its peanut butter operations from Randfontein, where it had operated for the past 73 years.

Dumo Mfini, the MD of Tiger Brands' culinary division, said peanut butter was a key market in SA, making up some 50% of the total R3.5-billion spreads segment in the country.South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we're about to enter a new chapter of fearless journalism. Join our free subscription trial to unlock this story and a world of news aimed to inform, empower, and inspire.

 

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