Pepperidge Farm Opens New Innovation Center to Drive Further Growth in Global Baking and Snacking

Campbell Soup Company

and Pepperidge Farm executives today were joined by Connecticut State officials, Norwalk Mayor Richard Moccia and other partners to celebrate the opening of its new 34,000-square-foot innovation center located at Pepperidge Farm headquarters at 595 Westport Avenue in Norwalk. Campbell invested more than $30 million in the project, reflecting its strategy to drive continued growth and innovation in its Global Baking and Snacking portfolio, the company's second-largest reporting segment. Key components of the segment are Pepperidge Farm in the U.S. and Arnott's Biscuits in Australia. In fiscal 2012, sales increased 2 percent in the segment to $2.193 billion.