Kellogg Company (NYSE: K) today announced that it is expanding its W.K. Kellogg Institute for Food and Nutrition Research (WKKI) located in Battle Creek, Mich., to continue to meet business needs and to achieve continued growth. The 157,000-square-foot pilot plant and office space addition will expand Kellogg Company's existing global center for research and innovation activities. The $40 million expansion and $14 million investment in pilot plant equipment (over the next 10 years) falls within Kellogg Company's previously reported capital expenditure guidance.
Since the WKKI facility opened in 1997, Kellogg Company's net sales have doubled from $6 billion to almost $12 billion, and net sales from innovation have also almost doubled. In addition, numerous process capabilities have been added to WKKI as the company extended its business into new categories, and the number of employees in the facility almost doubled to support these new technologies and the company's growth.
The WKKI expansion will enable Kellogg to continue to fuel top-line growth through additional pilot plant space, enhanced process scalability and additional space for a flexible team environment and total technical community. The addition will also ensure WKKI continues to be a "best in class" facility, allowing the company to continue to successfully retain and recruit world-class research and development talent.