Haribo chief executive (CEO) Hans-Guido Riegel described the decision as being of “great importance” to the candy maker’s US business. “HARIBO of America is the fastest growing sugar confectionery business in the USA, hence the strategic importance of our manufacturing facility to commence production in 2020,” he said in a statement. The full sum of the subsidies, however, would not be made public until a vote by the board of the trade body. Wisconsin Governor Scott Walker called the investment “a great fit with many other iconic companies” in Wisconsin. Haribo said it had already been in the process of selecting a location for a US manufacturing facility for several years.

Source: Daily News Egypt March 24, 2017 00:22 UTC