Mondelez to Invest $65 Million in Global R&D Hubs
Technical resources to be focused at nine large, advantaged locations to help accelerate global growth and innovation
Over the next two years, the company will focus its RDQ network at nine advantaged technical centers, concentrating people and resources into better equipped hubs:
Mexico City, Mexico
East Hanover, N.J., United States
Bournville, United Kingdom
Reading, United Kingdom
"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," said Rob Hargrove, Executive Vice President, RDQ. "These hubs will enable improved efficiency, effectiveness and accelerated project delivery, while the increased scale across key markets will provide rapid access to changing consumer needs and trends."
Three of the centers -- East Hanover, Bournville and Reading -- are already in full operation. The company will break ground on the Singapore facility in November 2016 and the Thane facility in December 2016 with the new Wroclaw building opening in 2017. The remainder of the redesigned network will open through 2018.