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Nestlé Irish baby milk factory to close as China birth rate drops

October 18, 2023
in Business
Reading Time: 1 min read
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Nestlé Irish baby milk factory to close as China birth rate drops
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Nestlé says it is closing a baby milk factory in Ireland because a falling Chinese birth rate has reduced demand for the product.

The facility, which operates as Wyeth Nutritionals Ireland, makes products almost entirely for the Chinese market.

The closure of the plant in Askeaton, County Limerick, will mean more than 500 job losses.

Nestlé says it intends to complete the closure by the first quarter of 2026.

Credit: Source link

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