Country for PR: China
Contributor: PR Newswire Asia (China)
Monday, July 17 2017 - 20:56
AsiaNet
Austria-based Fruit Juice Concentrates Provider Agrana Establishes a Manufacturing Facility in Changzhou National Hi-Tech District
CHANGZHOU, China, July 17, 2017 /PRNewswire-Asia-Net/ --

Agrana, one of the leading producers of fruit juice ingredients in the world, 
formally inked an agreement recently that calls for an investment of 21.75 
million Euros to establish a manufacturing facility in Changzhou National 
Hi-Tech District's Life and Health Industrial Park. It is the company's largest 
single investment in China.

Established in 1988, Austria-based Agrana makes fruit products and fruit juice 
concentrates as well as sugar products and infant dairy products at 56 
manufacturing sites across the world. Agrana's global fruit processing 
operation accounts for 44 percent of its total revenue. The Changzhou 
manufacturing facility will focus on the research, development and production 
of jam, jam ingredients, fruit juice concentrates, fruit and vegetable products 
and seasonings.

The manufacturing facility is expected to complete construction at the end of 
2018 and become operational in 2019. The facility will serve well-known firms, 
among them, Danone, Mengniu, Bright Dairy & Food Co., Ltd, Unilever (Wall's) 
and Baxy. 

Agrana is the first European food processing firm to establish a footprint in 
Changzhou National Hi-Tech District. The district has attracted investors from 
68 countries and regions worldwide, with 1,580 foreign-owned firms having 
located a facility there, including 43 of the Fortune 500 firms. Changzhou 
National Hi-Tech District boasts more than 33 projects each featuring an 
investment exceeding US$100 million with combined foreign investment over US$9 
billion. A number of leading multinational companies including Lanxess, 
ThyssenKrupp and Novelis have chosen to invest in the district.

Photo - https://photos.prnasia.com/prnh/20170711/1896316-1-a
Caption: Agrana Fruit Changzhou Project Signing Ceremony
Photo - https://photos.prnasia.com/prnh/20170711/1896316-1-b
Caption: Austria-based Fruit Juice Concentrates Provider Agrana Establishes a 
Manufacturing Facility in Changzhou National Hi-Tech District

SOURCE: The Publicity Department of Changzhou Xinbei District Commission of CCP
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