Germany's iconic gummy bear will soon be 'Made in USA.'

Haribo, manufacturer of the beloved chewy treats, will open its first North American candy factory in Wisconsin in 2020, it was announced on Thursday.

The Bonn-based company has been selling the sweets in the United States since 1982 and has decided it was time to set up shop.

The new $242million plant will be based in Pleasant Prairie, Wisconsin, near Kenosha, and is expected to create 400 jobs for the community.

Haribo, manufacturer of the iconic gummy bears, will open its first plant in the U.S. in Pleasant Prairie, Wisconsin, in 2020, it was announced on Thursday. Governor Scott Walker's (pictured) office said the $242m project is expected to start next year and is one of the largest investments from a foreign company in Wisconsin's history

Haribo invented the gummy bear nearly a century ago and is already the top seller of gummy bears in America.

Governor Scott Walker's office said the project, which is expected to start next year, is one of the largest investments from a foreign company in Wisconsin's history, reported ABC 7.

Walker said the 500,000 square foot facility will be the third-largest confectionery plant in the United States.

He added: 'Haribo is a great fit with the many other iconic companies that already call Wisconsin home.'

Haribo is already the top seller of gummy bears in America. The 500,000 square foot facility will provide 400 new jobs for the community

Haribo, founded in 1920, employs 7,000 people worldwide and produces 100 million gummy bears daily at 16 factories in 10 countries.

Company head Hans Guido Riegel said: 'The decision to build a manufacturing facility in Wisconsin is of great importance.

'Haribo of America is the fastest growing confectionery company in the U.S.A., therefore the step of starting our own production there from 2020 is important for us.'

Kenosha County Executive Jim Kreuser added: 'This is a sweet day for Kenosha County.'