Nestle and Glanbia invest in Ireland with new expansions
In March, the Swiss-based multinational food giant Nestlé said it will invest over 25 million euros ($28.1 million) to expand its research and development center in Askeaton, Ireland. The enhanced facility will be located at Nestlé`s existing plant in the city, which produces a range of premium powdered milk-based products for infants, young children and mothers for export to world markets.
The R&D center will focus on global product innovation for Nestlé’s Wyeth Nutrition infant and maternal nutrition business. It is anticipated to open in late 2017. The project investment is being supported by Enterprise Ireland. Nestlé has 40 R&D centers worldwide employing more than 5,000 people.