Nationwide News understands that the multinational food and beverage company Nestle, will be sending home 30-employees as it moves to shut down its Milo production facility at Bog Walk in St. Catherine.
Its understood that Nestle, which has its headquarters in Switzerland, plans to shut the doors on the production plant by the new year.
Nationwide sources say the employees have been served with termination letters which are to take effect on January 1.
With their departure, the popular drink, Milo, will no longer be manufactured here in Jamaica.
It’s understood that moves to dismantle the machines used in the Milo production process, began last Saturday.
A senior management source at Nestle told our news center this morning that the decision to send home the workers was influenced by the exorbitant cost of production.
The company has reportedly determined that it’s more cost effective to import Milo from Malaysia to be packaged and sold in Jamaica, rather than producing the popular drink on the island.
Efforts by our news center to contact the Country Manager for Nestle Jamaica, Jurg Blaser, proved futile.
We were told that Mr. Blaser and the company’s Human Resource Manager, Keisha Palmer, are on vacation leave.