Kerry opens US$50m Innovation

RNS Number : 3624U

Kerry Group PLC

23 June 2009

 



Press Announcement

23 June, 2009

Kerry opens US$50m Innovation and Technical Centre in Beloit, Wisconsin

Kerry, the global ingredients & flavours and consumer foods group, today inaugurated its new state-of-the-art Kerry Center in Beloit, Wisconsin to spearhead customer product commercialisation into the future.

The new 250,0000 square foot innovation and commercial centre, completed at a cost of US$50m, was officially opened by Governor of Wisconsin Jim Doyle. Supporting Kerry's 'integrated approach' to meeting customer-specific innovation requirements and product solutions in the American food and beverage industries, the Kerry Center will provide industry access to all Kerry ingredients and flavour technologies through dedicated customer application suites, culinary theatres, sensory services and customer application pilot production facilities.

Speaking at the official opening of the Kerry Center in Beloit, Kerry Group Chief Executive Stan McCarthy said; 'Our new customer-focused centre of excellence builds on the Group's 'go-to-market' strategy - leveraging Kerry's unrivalled range of technology based ingredients, flavours and integrated solutions in food and beverage growth markets'.

'Today's consumer markets and changing food and beverage consumption trends call for renewed vigour in product innovation and development of cost effective product solutions and menu offerings. Kerry's systems approach to innovation capitalises on our breadth of ingredients & flavours technologies and unique end-use-market applications capability - working in collaboration with our customers to derive maximum synergies from this industry leading expertise. This creates real value for our customers by way of quick delivery of consumer-relevant product development, product improvements, cost reduction or process enhancement. Our new Wisconsin based Kerry Center will be a key differentiator in meeting the product development needs of all major food and beverage processors and foodservice providers in American markets. It will also provide for scalable growth of Kerry's ingredients & flavours business model and facilitate acquisition integration into the future', he added.

Notes to the Editor

Kerry Group is a world leader in food ingredients & flavours serving the food and beverage industry, and a leading provider of added value brands and customer branded foods to the Irish and UK markets. Serving customers in more than 140 countries, the Group has established manufacturing facilities in 23 different countries and international sales offices in a further 20 countries across the globe. Spanning savoury & dairy, cereal & sweet and beverage technology platforms, Kerry Ingredients & Flavours provides customised product applications to service customer needs across a wide range of end-use-markets in the global food and beverage industries. Apart from the Kerry Center in Beloit, the Group has established Centres of Excellence in Ireland, the Netherlands and China - supported by satellite research facilities in all major markets. 

-ENDS-

For further information please contact:

Frank Hayes, Director of Corporate Affairs, Kerry Group plc. Tel no: [phone] Fax no: [phone] Kerry Web Site: www.kerrygroup.com

 

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