Nestlé to invest over €25m to extend Irish R&D centre
Move "underpins Nestlé’s commitment to its Irish-based operations,” says Michael Cantwell, director of the Food Division, Enterprise Ireland
10 March 2016 | 0
Nestlé is to invest over €25 million in a significant expansion of its Research and Development Centre in Askeaton, Ireland. The enhanced facility will be located at Nestlé`s existing plant in Askeaton, which produces a range of high quality premium 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 at Nestlé Research said that the centre would “continue to position Nestlé at the fore of infant and maternal nutritional product development” and enable the company’s scientists to “explore nutritional opportunities that can improve the health and wellness of children’s lives”.
The extended R&D Centre, part of Nestlé`s global R&D network of close to 5,000 people, will concentrate on developing premium, high quality, innovative, science based products for mothers and infants. It will incorporate state-of-the-art laboratory facilities as well as a full pilot-scale manufacturing line to facilitate development and testing of new products from initial concept through to finished product development. The project investment is being supported by Enterprise Ireland.
Michael Cantwell, director of the Food Division, Enterprise Ireland added: “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.”