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Abbott Nutrition puts up $500 million for new state of art baby formula production

3 monthes ago   |   By Food Safety News

Abbott Nutrition's Chairman, and Chief Executive Officer, Robert Ford has announced that his company is putting up $500 million for a new infant formula manufacturing facility at a location yet to be determined.
His announcement came during a quarterly phone conference with investment analysts as the troublesome infant formula shortages continue to plague the United States. Shortages have continued even after the Abbott baby formula plant in Sturgis, MI, got back online.
“Over the last few months, we've made progress in several important areas following the temporary shutdown of our infant...
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