General Mills Expands US Innovation Centre for Future Growth
ByAinvest
Saturday, Aug 30, 2025 8:16 am ET1min read
GIS--
The new wing will provide state-of-the-art facilities for the company's research and development teams, offering greater flexibility to meet evolving demands and providing more space for both core growth and new business initiatives [2]. The expansion will house approximately 1,000 General Mills employees, who work on food innovation at the JFB Technical Center, which was originally built in 1960 [1]. The new space is scheduled to open in the fall of 2027.
This investment follows a period of volatile operating conditions, with General Mills projecting nearly flat net sales in fiscal year 2026 amid widespread uncertainty from tariffs, global conflicts, and changing regulations [3]. The company's fiscal 2025 net sales amounted to about $19 billion, and it anticipates a 10-15% decline in adjusted operating profit and adjusted earnings per share on a constant-currency basis in fiscal year 2026 [3].
The expansion of the JFB Technical Center underscores General Mills' commitment to innovation and technology, positioning the company to better meet consumer demands and drive future growth. The new pilot plant wing will empower the company's teams to collaborate more effectively and deliver the next generation of consumer-centric products.
References:
[1] https://www.supermarketperimeter.com/articles/13133-general-mills-to-invest-54-million-in-r-and-d-facility-expansion
[2] https://www.foodprocessing.com/business-of-food-beverage/capital-spending/news/55312711/general-mills-unveils-54-million-expansion-of-james-ford-bell-technical-center
[3] https://finance.yahoo.com/news/general-mills-expand-us-innovation-104901041.html
General Mills is expanding its R&D facility in Minnesota, the James Ford Bell Technical Center, by adding a new pilot plant wing. The $54m investment aims to increase space by over 20% and support innovation, technology, and quality capabilities. The move is seen as a critical step to remain at the forefront of innovation. The center houses about 1,000 General Mills employees and is expected to be operational by autumn 2027.
Minneapolis, MN — General Mills Inc. has announced a significant investment in the expansion of its James Ford Bell (JFB) Technical Center. The company plans to invest $54 million to add a 35,000-square-foot, two-story pilot plant wing, which will increase pilot plant space by more than 20% [1]. This expansion is a critical step in ensuring General Mills remains at the forefront of innovation, as stated by Lanette Shaffer Werner, chief innovation, technology, and quality officer [1].The new wing will provide state-of-the-art facilities for the company's research and development teams, offering greater flexibility to meet evolving demands and providing more space for both core growth and new business initiatives [2]. The expansion will house approximately 1,000 General Mills employees, who work on food innovation at the JFB Technical Center, which was originally built in 1960 [1]. The new space is scheduled to open in the fall of 2027.
This investment follows a period of volatile operating conditions, with General Mills projecting nearly flat net sales in fiscal year 2026 amid widespread uncertainty from tariffs, global conflicts, and changing regulations [3]. The company's fiscal 2025 net sales amounted to about $19 billion, and it anticipates a 10-15% decline in adjusted operating profit and adjusted earnings per share on a constant-currency basis in fiscal year 2026 [3].
The expansion of the JFB Technical Center underscores General Mills' commitment to innovation and technology, positioning the company to better meet consumer demands and drive future growth. The new pilot plant wing will empower the company's teams to collaborate more effectively and deliver the next generation of consumer-centric products.
References:
[1] https://www.supermarketperimeter.com/articles/13133-general-mills-to-invest-54-million-in-r-and-d-facility-expansion
[2] https://www.foodprocessing.com/business-of-food-beverage/capital-spending/news/55312711/general-mills-unveils-54-million-expansion-of-james-ford-bell-technical-center
[3] https://finance.yahoo.com/news/general-mills-expand-us-innovation-104901041.html

Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue

Comments
No comments yet