Chocolate producer Lindt & Sprüngli is to invest CHF 200 million ($201m) in the expansion of its production facility in the US state of New Hampshire.

The plant manufactures the Swiss company’s premium chocolate products, with new production lines scheduled for addition during the course of the next four years.

Lindt & Sprüngli has made this investment in a bid to expand its market share in the US chocolate market, where it is currently the third largest producer.

It also recently invested CHF 30m ($30m) to expand the production capacity of another one of its production facilities in Olten, Switzerland.