Post Holdings: Announces Plan to Expand Facility in Nevada

St. Louis / MO. (pfh) Post Holdings Inc. , a consumer packaged goods holding company, announced plans for its Post Consumer Brands business to invest up to USD 110 million to expand its cereal production capacity at its Sparks, Nevada facility. The proposed expansion will provide Post Consumer Brands with additional production volume, addressing capacity constraints to better meet consumer demand, as well as reduce transportation costs to serve West Coast customers more efficiently. Project planning and implementation will begin immediately and once the expansion is completed, it will create approximately 30-40 new jobs. «Adding capacity in Sparks will help us balance our network geographically and provide us with greater flexibility to best serve our customers,» said Nicolas Catoggio, President and CEO, Post Consumer Brands. «This expansion also provides us the opportunity to work in close partnership with the Sparks community, including local economic development authorities, to create new job growth.» The expansion is projected to be completed in 2025, with initial new capacity available late in 2024.