Nestle to invest $70 million on U.S. health science hub: Report

12 Oct 2015 Evaluate

Nestle's health science division has reportedly decided to invest $70 million in a product technology centre, which will become the unit's new US headquarters and research hub. The Bridgewater, New Jersey centre will further Nestle's healthcare push as the company delves deeper into nutritional therapy and the high-margin medicines arena.

Nestle India has its presence in India for around nine decades, making it one of the oldest company in India. Nestle has created brands like Nestle Milkmaid, Nestle Everyday, Maggi Noodles, Maggi Soups, Polo, Kit Kat, Nescafe and many more.

Nestle Share Price

2151.85 -12.00 (-0.55%)
23-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
Nestle 2151.85
Britannia Inds 4705.10
Varun Beverages 626.20
Marico 636.45
Hatsun Agro Product 1036.30
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.