"barry" news and stories

Zurich-based chocolate manufacturer Barry Callebaut recently announced plans to open a new $20 million factory in Russia early next year, according to a company press release. The plant, to be built near Moscow, will employ about 70 people and have a production capacity of 25,000 tons. Barry Callebaut is already the largest chocolate importer to Russia, so putting a new factory there was a logical decision, according the chocolate-maker's CEO Patrick De Maeseneire. The company's press release goes on to predict that Russian chocolate consumption will top that of the U.K. by 2009. Barry Callebaut was formed 10 years ago through the partnership of Belgium's Callebaut and France's Cacao Barry. In 2003, the company also acquired American candy company Brach's Confections Holding, Inc.