Mars Inc. announces new $100 million candy-making plant in Kansas

MarketsAssociated Press

Mars Inc. announced plans Wednesday to build a new, $100 million candy-making facility in Kansas near where its first new plant in 35 years began churning out sweets last year.

The deal, which the company disclosed in advance of a Topeka economic development meeting, comes a little more than a year after the New Jersey-based company opened a $270 million plant south of the city.

Continue Reading Below

Work on the new 90,000-square-foot facility will start next week, Mars said in a news release. After constructions wraps up in late 2016, the company will add 70 full-time employees to the 200 already working in the Topeka area.

The company has not determined exactly which candies it will make at the new plant. The facility is receiving state and local economic incentives, although Mars didn't immediately disclose the amount of the incentives. The existing plant makes Snickers and M&M's. Mars also makes Milky Way, Twix and 3 Musketeers candy bars.

A 2014 report by a marketing research firm called Packaged Facts found that chocolate has experienced "solid market growth," with Hershey's and Mars controlling a large chunk of the market share.

Tracey Massey, president of Mars Chocolate North America, said the company, which has no plans to close other facilities, was working to introduce more single-serve products with limited calories.

"By further growing our footprint in the U.S.," she said in a news release, "we will better be able to introduce new treats to satisfy the most diverse consumer appetites."