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15/03/2016
Nestlé Announce €25m Investment In Co Limerick Facility
Nestlé is to invest more than €25 million to expand it Research and Development Centre in Askeaton, Co Limerick.
The enhanced facility will be located at Nestlé's existing plant in Askeaton, which produces a range of high quality powdered milk-based products for infants, young children and mothers for export to world markets. The R&D Centre will focus on global product innovation for Nestlé's Wyeth Nutrition infant and maternal nutrition business and is anticipated to open in late 2017.
Stefan Catsicas, Chief Technology Officer, Nestlé Research said: "Nestlé has a long-standing reputation for excellence in food and nutrition research. This Centre will be a leading laboratory in food and life sciences to continue to position Nestlé at the fore of infant and maternal nutritional product development. It will enable our scientists to explore nutritional opportunities that can improve the health and wellness of people's lives. This major product development centre will be an essential part of our Global Nestlé Nutrition R&D network."
The project investment is being supported by Enterprise Ireland, whose Director of the Food Division, Michael Cantwell, said: "This is a strategically important investment for Ireland and is a huge vote of confidence in the future of the Irish dairy industry and the research connectedness in Ireland. Nestlé's decision to extend its R&D centre at its manufacturing plant at the Askeaton site is of critical strategic importance and underpins Nestlé's commitment to its Irish based operations."
(MH/LM)
The enhanced facility will be located at Nestlé's existing plant in Askeaton, which produces a range of high quality powdered milk-based products for infants, young children and mothers for export to world markets. The R&D Centre will focus on global product innovation for Nestlé's Wyeth Nutrition infant and maternal nutrition business and is anticipated to open in late 2017.
Stefan Catsicas, Chief Technology Officer, Nestlé Research said: "Nestlé has a long-standing reputation for excellence in food and nutrition research. This Centre will be a leading laboratory in food and life sciences to continue to position Nestlé at the fore of infant and maternal nutritional product development. It will enable our scientists to explore nutritional opportunities that can improve the health and wellness of people's lives. This major product development centre will be an essential part of our Global Nestlé Nutrition R&D network."
The project investment is being supported by Enterprise Ireland, whose Director of the Food Division, Michael Cantwell, said: "This is a strategically important investment for Ireland and is a huge vote of confidence in the future of the Irish dairy industry and the research connectedness in Ireland. Nestlé's decision to extend its R&D centre at its manufacturing plant at the Askeaton site is of critical strategic importance and underpins Nestlé's commitment to its Irish based operations."
(MH/LM)
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