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Abbott Nutrition Plans to Build New $500 Million Infant Formula Plant as Shortage Persists in the US

Abbott has announced plans to build a new $500 million infant formula facility, a welcome boost to American families as the shortage continues in the United States.

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Abbott plans new $500 million infant formula facility as shortage continues

The shutdown of Abbott's formula plant in Michigan and the recall of some of its products exacerbated an infant formula shortage that is still causing problems for families across the country.

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Baby formula shortage: New facility planned

Abbott Nutrition plans to build a $500 million nutrition facility for specialty and metabolic infant formulas, Chairman and CEO Robert Ford said Wednesday. The announcement comes as a formula shortage continues.

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Abbott plans new $500 million infant formula facility as shortage continues

Abbott plans new $500 million infant formula facility as shortage continues
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Abbott to Erect New $500M Infant Formula Manufacturing Site

The firm’s CEO revealed the company’s plans for the new production facility during an earnings call this week.

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Abbott Reports Third-Quarter 2022 Results and Raises Full-Year EPS Guidance

/PRNewswire/ -- Abbott (NYSE: ABT) today announced financial results for the third quarter ended Sept. 30, 2022. Third-quarter sales of $10.4 billion decreased...

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Abbott announces new baby formula recall but claims it affects small fraction of total US supply

Abbott Labs said Friday that it is recalling certain lots of 2 fluid ounce/59 milliliter bottles of Ready-to-Feed liquid formula for infants and children due to a problem with the

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Baby Formula Recall Issued

Baby Formula Recall Issued
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