Nissin Foods Announces $228 Million Expansion Plans
Ramen-maker marks 65 years with third manufacturing facility, bringing hundreds of new jobs to South Carolina
Nissin Foods USA, the creator of such iconic brands as Top Ramen® and Cup Noodles®, announced a major investment of $228 million to develop a third US manufacturing facility in Greenville County, S.C. This investment will significantly increase the company's manufacturing capabilities and advance its innovation pipeline to further meet consumer demand for its products.
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With manufacturing plants in Gardena, California and Lancaster, Pennsylvania, the new facility will produce a range of Nissin Foods' products across its brand portfolio, including Top Ramen, Cup Noodles, Hot & Spicy FIRE WOK and more, with capacity for further expansion as needed. The 640,640 square foot facility will also feature solar panels, EV charging stations and electric forklifts, furthering the Nissin Foods' commitment to minimize CO2 emissions by 30% by 2030 and reach carbon neutrality by 2050 as part of the company's long term environmental strategy.
The company recently reported four consecutive quarters of high double-digit growth driven by its premium product innovations, with a 27% increase in sales at the end of its first quarter in 2023 compared to the same time in 2022. To better support demand for its products, the Greenville facility is part of the company's larger business plan following a recent multi-million dollar investment in its Lancaster plant, increasing overall capacity.
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