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Nestle backtracks on threat to close Philippine coffee plant

Stung by public reaction, company says it expects to stay for 'next 100 years'

Social media has not been kind to Nestle after it said it was considering halting production of Nescafe coffee mix in the Philippines. (Photo by Kimberly Dela Cruz)

MANILA -- A public backlash forced Nestle on Friday to retreat from its threat to close a Philippine factory unless it received tax incentives for sourcing raw materials locally.

"Nestle Philippines is not planning to close any of its manufacturing facilities in the Philippines," the company said in a statement. "We have been operating in the Philippines for 107 years now, and we look forward to doing business here in the next 100 years."

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