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Mondelez International to invest $65M in global R&D

9/16/2016

DEERFIELD, Ill. — Mondelez International is making a big push into R&D. The snack maker announced this week that it would be investing $65 million in a global Research, Development & Quality (RDQ) network of the future. When complete, the company says the network will be made up of new and existing technical centers that can better respond to its growth and innovation needs. 


 


In the next two years, Mondelez International will focus its RDQ at nine advantaged technical centers in Mexico City, Mexico; East Hanover, N.J.; Bournville, U.K.; Reading, U.K.; Wroclaw, Poland; Thane, India; Suzhou, China; Jurong, Singapore; and Curitiba, Brazil to concentrate people and resources into better-equipped hubs. 


 


"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," Mondelez International EVP RDQ Rob Hargrove said. "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."


 


The East Hanover, Bournville and Reading Hubs are currently in full operation and the company expects to break ground in Singapore in November and Thane in December. The Wroclaw building is expected to open in 2017 and the rest of the redesigned network is slated to open through 2018. 


 

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