International snack company Mondelez International is to invest $65 million in building a global research, development & quality (RDQ) network.
The new hubs are designed to “better recruit, retain and develop talent across a range of science and technical disciplines while also creating a stronger presence in both emerging and developed markets”, the company said in a statement.
By using existing and new technical centres, the company will have more flexibility and will be more flexible and agile in responding to the company’s growth and innovation needs, Mondelez added, especially through improved “efficiency, effectiveness and accelerated project delivery” as well as “rapid access to changing consumer needs and trends”.
The company is focusing on research, equipment and capabilities to drive innovation to support our growth strategy and innovation, margin and quality platforms”, especially in technical centres in tMexico City (Mexico), East Hanover (USA), Bournville (UK), Reading (UK), Wroclaw (Poland), Thane (India), Suzhou (China), Jurong (Singapore) and Curitiba (Brazil). In those new hubs, people and resources matters will be focused more.
Mondelez executive vice president Rob Hargrove said: “With these advantaged technical centers, we’re focusing our investment in research, equipment and capabilities to drive innovation to support our growth strategy and innovation, margin and quality platforms”.
Source: Mondelez International