Mars has committed $2 billion in additional investment to expand its U.S. operations by 2026, reinforcing its long-term growth strategy in the country. This investment includes the construction of a new Nature’s Bakery facility in Salt Lake City, Utah, valued at $240 million. The 339,000-square-foot plant is expected to create over 230 new jobs and produce nearly 1 billion bars annually.
The move comes after Mars invested over $6 billion in U.S. production over the last five years, which includes a recent $450 million facility dedicated to its Royal Canin pet food brand in Ohio. Mars reports that approximately 94% of its U.S. products are locally produced.
This initiative aligns with broader trends in U.S. manufacturing, with several major corporations, including Hyundai, General Motors, and Eli Lilly, making substantial investments in the U.S. economy. These investments are part of a wider push to reduce dependence on foreign manufacturing, with various industries committing to build and expand domestic production capabilities.
As the U.S. government continues to focus on reshoring manufacturing jobs, experts predict that while the transition may take time, the U.S. stands to benefit from abundant energy resources and future advancements in automation.