Nestle Is in Talks With US on More Formula Shipments, CEO Says
US Air Force crews load pallets with baby formula bound for the US, at Ramstein American Air Force base in Germany.
Photographer: Thomas Lohnes/Getty Images
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Nestle SA is in talks with the US to deliver more baby formula after the world’s largest food company helped kick off emergency shipments amid a national shortage.
“It’s not only shipping from here, but also from other places into the US,” Chief Executive Officer Mark Schneider said on the sidelines of a sustainability event in Flaach, Switzerland. He declined to specify where else the formula might originate. “This is an ongoing effort.”