Wyeth to Expand State-of-the-Art Nutritional Manufacturing Facility in...( MADISON N.J. and TUAS Singapore A...),Health

MADISON, N.J. and TUAS, Singapore, April 7, 2008 /PRNewswire-FirstCall/ -- Wyeth (NYSE: WYE) announced today it will invest $96 million (SGD $134 million) to expand its existing nutritional manufacturing facility in Tuas, Singapore.

The expansion was officially announced during a groundbreaking ceremony at the site attended by Company officials and representatives from the Singapore Economic Development Board, which is partnering with Wyeth to support the successful completion of the project.

"This investment reflects Wyeth's 90-year heritage of scientific innovation and commitment to pediatric nutrition," says Mark Larsen, President, Asia Pacific and Nutritionals, Wyeth Pharmaceuticals. "A key element of our Company's mission is ensuring that infants and children have access to the best and highest-quality products. This site will help us to continue to achieve that objective."

The state-of-the-art facility, utilizing the strictest operational and quality standards, will produce key brands of Wyeth nutritional products for infants and toddlers, including formula and milk products sold as Progress and Promise. The expansion will increase the plant's capacity by 50 percent, enabling the facility to increase its supply to the Singapore market, as well as manufacturing additional product for export to other key markets throughout the Asia Pacific region.

Expansion at the Tuas site is the final phase of a $500 million capital improvement project in the Asia Pacific region, which includes previously announced investments to Wyeth's global nutritional manufacturing and supply operations in China and the Philippines.

Ms. Aw Kah Peng, Assistant Managing Director, Singapore Economic Development Board, said the Gov
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