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Posh Coffee Drinking At Home Marks ‘Good’ Year For Nestle Brazil

From: msn.com

Nestle SA is producing at full tilt in Brazil as it responds to a lift in coffee demand from house-bound drinkers and builds inventories to guard against supply disruptions.

Production of all items in the South American nation, from ice-cream to pet food, is probably up about 15% from 2019 levels in what should be a “good” year for the Swiss company despite the pandemic, Marcelo Melchior, who heads Brazilian operations, said in an interview.

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