Sensient Technologies Announces $20M Infrastructure Investment in UK Facilities
Sensient Technologies Corporation (NYSE: SXT) announced that it has begun the next phase of a series of investments to improve the infrastructure of its U.K. flavor facilities.
The current $6.4 million investment will improve efficiencies and work flows for the production of Sensient Natural OriginsTM botanical extracts at its Bletchley, U.K., facility. The Sensient Natural Origins line captures the natural flavor and aroma profiles of original botanicals that are used in a wide range of applications in beverage, sweet, savory and dairy products.
This investment is part of a multiphase capital plan, expected to total over $20 million, that will improve facilities and production areas of existing sites in the U.K. Future improvements include upgrades to existing laboratories and offices as well as process improvements to flavor production facilities.
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.