Mondelez International will invest more than $130 million to fund the installation of four state-of-the-art manufacturing lines at the company’s Americas production facility in Salinas, Mexico.
The new production lines—dubbed “lines of the future”—will be completed by mid-2016 and replace nine older inefficient lines at the company’s Chicago biscuit plant, impacting some 600 jobs at the facility, according to Mondelez.