Nestlé invests $32M at Smithtown factory

Nestlé Australia has declared a $32 million venture to its Smithtown factory, which produces Milo – getting speculation the site to roughly $80 million in the last decade.

The investment will redesign the Milo fabricating line presenting advanced manufacturing technology to the factory and supporting an expanded production capacity.

Factory Manager James Garley says the investment in the site reflects Nestlé’s obligation to help local manufacturing.

“We’re committed to investing in continuous improvements and upgrades to our Smithtown factory so we can continue to proudly make iconic brands like Milo right here.

Over the next 12 months, the project will inject an estimated $20 million into the local economy and support almost 200 jobs as we construct a new building to house Milo production.

It’s a complex project, but the team will work to ensure the facilities continue to deliver the choc-malt crunch of Milo Australians have loved for generations,” Garley said.

The upgrade is due to be completed by the end of 2024.

The Nestlé Smithtown factory, which has been operating for over 100 years, today employs more than 200 people and produces more than 200,000 cans of Milo, as well as Nesquik, Nescafé mixes and Malted Milk.

Previous investments in the site include: $2.5 million in early 2023 to allow for collaborative product developments and $40 million to build a production facility for Nescafé coffee mixes in 2014.