5th February 2021
MondelÄz International has announced plans to invest £15m ramping production at its Bournville site, the historic home of Cadbury.
The move comes as the firm returns some of its manufacturing from continental Europe to the UK.
The investment will include £11m to create a new line for Cadbury Dairy Milk tablets as the company consolidates the majority of its tablet production at the site. The line will enable 125 million more of its large sharing bars to be made at Bournville annually, with additional capacity for future growth.
Alongside the new line, MondelÄz is planning to invest a further £4m at the site to increase its chocolate-making capacity to ensure it can meet current and future demand.
Press release content from Business Wire. The AP news staff was not involved in its creation.
IAA Launches AuctionNow™ in the UK
February 4, 2021 GMT
ESSEX, England (BUSINESS WIRE) Feb 4, 2021
IAA, Inc. (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers, today announced that its UK-based business unit has launched IAA AuctionNow, the company’s exclusive bidding interface. Offering global buyers the ability to create their own customisable bidding experience, AuctionNow provides greater flexibility and control, while adding more value to the auction process.
The AuctionNow platform, built on IAA’s patented software, improves the bidding experience and allows for enhancement based on customer feedback and recommendations. AuctionNow has been in use throughout IAA’s Canadian operations since 2016 and in the U.S. since 2019, where it has consistently added value to buyer businesses and received positive customer reviews.
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IAA, Inc.: IAA Launches AuctionNow in the UK Leverages Company s patented technology to streamline buyer experience
IAA, Inc. (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers, today announced that its UK-based business unit has launched IAA AuctionNow, the company s exclusive bidding interface. Offering global buyers the ability to create their own customisable bidding experience, AuctionNow provides greater flexibility and control, while adding more value to the auction process.
The AuctionNow platform, built on IAA s patented software, improves the bidding experience and allows for enhancement based on customer feedback and recommendations. AuctionNow has been in use throughout IAA s Canadian operations since 2016 and in the U.S. since 2019, where it has consistently added value to buyer businesses and received positive customer reviews.
Cadbury was bought by U.S. company Kraft in 2010, which also produces Philadelphia cheese and Toblerone
Production of the historic British chocolate then gradually moved away from Bourneville to sites in Europe
Third biggest chocolate factory of Mondelēz International, Bludenz in Germany, makes 600,000 bars a day
Now 125 million bars currently made in Germany and across Europe will be made in Birmingham from 2022
Trade Unions welcome the move, saying it represented a vote of confidence in the UK workforce post-Brexit