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Business

Nestlé reviewing Trinidad operations

Nestle Factory, Churchill-Roosevelt Highway, Valsayn

Swiss multinational company Nestlé has begun a strategic review of its Trinidad and Tobago operations as part of a wider global restructuring, with local employees being told yesterday the company is exploring the possible sale of its dairy and juices business .

More than 200 workers are employed at the company’s facility on Churchill-Roosevelt Highway, Valsayn, the Trinidad Guardian reported.

The announcement was made at a meeting with employees on Thursday, led by head of Central America Pablo Wiechers, who travelled from Panama. The Trinidad Guardian said that workers were told the company is examining several options for the dairy and juices operation, including a potential sale. No timeline was given for a decision.

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