Baby formula shortage: Danone ramps up shipments to US
Stew Leonard’s buys $100K worth of baby formula from Germany
Stew Lenoard’s president and CEO Stew Leonard discusses his company’s efforts to sell baby formula in its stores for the first time amid the nationwide shortage.
French baby formula maker Danone has ramped up shipments of specialized formulas to the U.S. in order to help alleviate the nationwide shortage of the product.
"We increased production and shipment to the US of our specialized medical formulas, like Neocate, for vulnerable babies withs [sic] severe cow’s milk allergy," Danone said in a statement to FOX Business.
ABBOTT SAYS IT WILL BE AT LEAST TWO MONTHS BEFORE BABY FORMULA FROM SHUTTERED PLANT HITS SHELVES
The company said it recognizes the importance of these specialized formulas and has made it its priority to "increase production and supply since the shortages arose in February."