IFF To Invest Over $50M in Manufacturing Facility in Turkey

International Flavors & Fragrances IFF today announced that it plans to invest over US$50 million in its existing flavors facility in Gebze, Turkey over the next three years. The investment will be allocated to a new, leading-edge, 2,000m2 creative facility and to an expansion of its existing manufacturing site to 18,000m2 to support current and future customers in the developing markets of Europe, Africa, and the Middle East. The Company anticipates opening the site in phases, with the first phase delivering significant capacity expansion and expected to be completed by Q2, 2013. "I am pleased to announce that over the next three years, we expect to See full press release