Mead Johnson Nutrition Co broke ground on Monday on a US$325 million ($413 million) facility in Singapore it will use to study pediatric nutrition and better serve the booming Asian market.
The investment is the biggest single capital outlay in the history of the company, which makes Enfamil baby formula.
The company said the move will create about 180 new jobs over the next two years. It is scheduled for completion in 2014.
The building project will include a manufacturing plant, a research and development center and a regional office.
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