Reuters reported exclusively that Perrigo Company, which makes store-brand baby formulas for retailers, including Walmart and Amazon, expects shortages and heightened demand to last for the balance of the year. Chief Executive Murray Kessler told Reuters that Perrigo’s formula manufacturing facilities in Ohio and Vermont are doing everything they can to increase production, now running at 115% of capacity.
Business & Finance
13 May 2022, 8:17 pm. 1 minute
Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Commodities & Energy
Regions: Americas
Countries: US
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story
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