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  • 2 years ago
A tornado damaged a third-party warehouse in Mount Vernon, Indiana that stored raw materials and finished products for Reckitt's Mead Johnson baby formula. The warehouse is out of action, diverting deliveries to other U.S. warehouses in the short term. Some formula varieties will be affected in the short term until the warehouse is operational again. Reckitt is working with customers, suppliers, and the global supply chain to minimize disruption by using other U.S. warehouses and inventory.
Transcript
00:00It's Benzinga, and here's what's on the block.
00:02A tornado damaged a third-party warehouse in Mount Vernon, Indiana that was storing
00:07raw materials and finished products for Reckitt's Mead Johnson Baby Formula.
00:11The warehouse is out of action, diverting deliveries to other U.S. warehouses in the
00:15short term.
00:16Some formula varieties will be affected in the short term until the warehouse is operational
00:21again.
00:22Reckitt is working with customers, suppliers, and global supply chain to minimize disruption
00:26by using other U.S. warehouses and inventory.
00:28For all things money, visit Benzinga.com.
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