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Nongshim is testing the operation of its second factory in the US (Courtesy of Nongshim)
Nongshim Co., South Korea’s leading instant noodle maker, is slated to compete for the top rank in the US. The Korean food company will start operating its second plant in the US next month, raising the production capacity per year from the current 500 million to 850 million units. The firm is aiming to double the sales in North America by 2025 as well as enter the Mexican market soon, Nongshim said on March 17.The new plant is based in Rancho Cucamonga, where it founded the first US plant in 2005, 66 kilometers east of Downtown Los Angeles. The new factory will meet the rising demand for Nongshim's instant noodles in the US – as the Korean food booms in the US, the firm has sent part of noodle products for the Korean market to the US to address supply shortage. Nongshim aims to achieve more than a 20% growth rate per year in North America, increasing annual sales in the region to $800 million by 2025, an official at the company said. .j-chart {color: #374140;font-family: 'Noto Sans KR', sans-serif;} .j-chart-txt-div {/*margin-left: 5%;*/} .j-chart-h5 {font-size: 20px; font-weight: 700;} .j-chart-h6 {font-size: 15px; font-weight: 400; margin:-5px 0 20px 0} .j-chart-p {display: flex; justify-content: space-between;} .j-chart-p p {font-size: 13px; font-weight: 300; margin-bottom: 0!important; margin-top: 0px;} .j-chart-sub-p {display: flex; margin-left: 6%;} .j-chart-sub-p p {font-size: 14px; font-weight: 400; color: #374140; margin-bottom: 0!important; width: 50%; text-align: center; padding-bottom: 0px;} .j-chart-svg {position: absolute; top: 140px; left: 37px;} @media screen and (max-width: 765px) { .j-chart-txt-div {margin-left: 0%;} .j-chart-p {display:block; } .j-chart-p p {margin-top: -6px;} .j-chart-h6 {margin:2px 0 20px 0} .j-chart-sub-p {margin-left: 10%;} .j-chart-sub-p p {font-size: 13px; padding-bottom: 10px;} .j-chart-svg {display: none;} } Nongshim's sales in North America Unit: million dollars* The figure for 2022 is a sales target
Source: Nongshim
Graphics by Jerry Lee
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