Post by Leaders of Trade

Unilever’s $270 million project includes a $50 million capital expenditure and builds on the company's $15 billion investment in the U.S. market over the past decade. This long-term financial commitment funds an AI-powered, digital-first R&D hub in New Haven's booming biosciences cluster to scale next-generation product development faster. Combined with public funds, total investment in the facility will exceed $300 million to drive Unilever's global commercial strategy. Herrish Patel, President of Unilever USA and CEO of Personal Care North America, states: “New Haven gets us to the future faster. Our Global Innovation Centre is where we'll innovate at the intersection of science, technology and culture - for the U.S. and for the world." #leadersoftrade #retail #Unilever #Investment #RetailInnovation #RandD #TechInvestment #USMarket