Abbott Laboratories Chief Executive Robert Ford apologized Saturday for his company’s role in the nationwide shortage of baby formula and promised production will ramp up again in June.
“We’re sorry to every family we’ve let down,” Ford wrote in a Washington Post op-ed,
Ford explained what led to his company’s voluntary recall of baby formula and detailed the company’s plan to avoid a similar shortage in the future.
“We are making significant investments to ensure this never happens again,” he wrote.
In February, Abbott Laboratories ABT,
Voluntarily recalled some of its Similac, Alimentum and EleCare formulas manufactured in its Sturgis, Mich., plant after Food and Drug Administration officials found a potentially deadly bacteria there. That decision exacerbated an existing baby formula shortage created by supply-chain issues During the COVID-19 pandemic, Ford acknowledged.
“We take great pride in manufacturing nutrition and formula to feed America’s infants, including our most vulnerable,” Ford said.
Also popular on WSJ.com:
Credit: www.marketwatch.com /