Key facts
- Mars said the investment will modernize manufacturing at facilities and strengthen its supply chain.
- CFO Claus Aagaard said Mars makes about 94% of the products it sells in the US domestically.
- Mars said it employs 80,000 associates across US manufacturing, office and veterinary operations.
- Recent US spending included expanding production of Trü Frü, the fruit-based snacks brand Mars acquired in 2023.
- Mars said the Kellanova deal added 15 factories and it plans further investment to modernize its US manufacturing network.
Mars, the maker of M&M's and Snickers, said on November 10 that it plans to invest about $1.4 billion in US manufacturing in 2027. The Virginia-based company said the money would modernize manufacturing at facilities, strengthening its supply chain and enhancing operations.
Mars said the commitment builds on more than $9 billion invested in its US operations since 2017. CFO Claus Aagaard said Mars manufactures about 94% of the products it sells in the US domestically, according to the company.
Following its $36 billion acquisition of Kellanova in 2025, Mars added 15 new factories and said it plans further investments to modernize its US manufacturing network. Some recent US investments went toward expanding production of Trü Frü, the premium fruit-based snacks brand Mars acquired in 2023. Others went to improving efficiency and energy performance at manufacturing sites and modernizing pet food operations with advanced processing.
Mars said it employs 80,000 associates across its US manufacturing, office and veterinary operations. The company's announcement comes as the packaged food industry contends with sluggish consumer spending and a shift toward healthier diets, which has weighed on demand for chocolates and snacks.