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Ferrero, the Italian candy giant, will launch Nutella Peanut, its first new flavor in 60 years, in April 2026. The new spread, developed over five years, will be produced exclusively at Ferrero's Franklin Park, Illinois factory, resulting in a $75 million investment and 65 new jobs. This Chicago-made product, a blend of hazelnut, peanut, and chocolate, targets the North American market while retaining a distinctly European flavor profile. The launch is part of Ferrero's broader expansion in North America, building on the success of its other brands and existing Illinois operations.

Prepared by Christopher Adams and reviewed by editorial team.