Nestlé to invest $16 million on coffee in China

04/2/2013 | Wall Street Journal, The

Switzerland-based Nestlé will build a coffee warehouse and tasting facility in China's Yunnan province that will also include a training facility aimed at teaching 5,000 local farmers to grow coffee beans. The new venture is designed to help the company secure new supplies of quality coffee beans as demand grows both locally and globally.

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