Article: Kraft Foods to Invest Euro 15 Million in New Biscuit Research & Development Center in France.

Kraft Foods announced that it intends to invest euro 15 million (approximately $20 million) in constructing a new Biscuit Research & Development (R&D) Center in Saclay, France, a suburb of Paris.

This new facility will serve as the company's European Center of Expertise for Biscuits, focusing on innovation and new product development for many of Europe's most beloved biscuit brands, including LU, Mikado, Oreo, Prince, Saiwa and TUC. The Center will also be responsible for advancing major biscuit technology platforms for the European market and beyond.

Scheduled to open during the first half of 2011, this new Center will be home to a team of researchers, ...

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