Nestle to invest €25m in Limerick R&D centre

Swiss food giant Nestle is to invest over €25m in a “significant” expansion of its existing R&D centre in Co Limerick.

Nestle to invest €25m in Limerick R&D centre

The enhanced facility, at Askeaton, already produces a range of high-quality premium powdered milk-based products for infants, young children, and mothers for export to world markets.

The improved R&D Centre will focus on global product innovation for Nestle’s Wyeth Nutrition infant and maternal nutrition business and is expected to open in late 2017.

“This centre will be a leading laboratory in food and life sciences to continue to position Nestle at the fore of infant and maternal nutritional product development,” Nestle Research’s chief technology officer, Stefan Catsicas, said.

“It will enable our scientists to explore nutritional opportunities that can improve the health and wellness of children’s lives.

“This major product development centre will be an essential part of our Global Nestle Nutrition R&D network.”

Michael Cantwell, director of Enterprise Ireland’s food division, said that the move marks “a strategically important investment for Ireland” and represents “a huge vote of confidence in the future of the Irish dairy industry and the research connectedness in Ireland”.

Mr Cantwell also said the development “underpins Nestle’s commitment to its Irish-based operations”.

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