Swiss food and nutrition products giant Nestle S.A. (NSRGY.PK, NSTR.L) announced a new 49 million Swiss francs or US$53 million investment in its research and development facilities in Ohio, in the United States, ensuring the company continues to deliver innovations in frozen and chilled products like prepared meals and pizzas.
The company stated that Food scientists, engineers, and technologists at the centre in the city of Solon will intensify work on recipe formulation, technologies and processes to support growing demand from Nestlé's global frozen foods businesses, as well as that in the US.
"This investment will further enhance our scientific and technological expertise in frozen and chilled foods, to help us to continue to develop innovative nutrition health and wellness solutions for our global business," said Johannes Baensch, Nestlé's Global Head of Research and Development.
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