Unilever is set to invest a substantial $270 million in the establishment of a cutting-edge research and development center in New Haven, Connecticut, USA. This ambitious project is slated for completion and to commence operations by 2029. The primary focus of this center will be on pioneering skincare and haircare innovations tailored specifically for the U.S. market, while also catering to the diverse needs of global consumers. Notably, Unilever has been progressively divesting from its food business, steering its course towards the flourishing beauty, health, and personal care sectors. This latest investment underscores the company's unwavering commitment to its strategic transformation.
