Overview
- Reckitt's Mount Vernon warehouse, crucial for baby formula production, was heavily damaged by a tornado.
- The facility stores both raw materials and finished products, impacting supply availability.
- Reckitt is diverting deliveries to other U.S. warehouses to mitigate disruption.
- The company expects insurance to cover most of the financial impact from the damage.
- Short-term sales of Mead Johnson's baby formula are likely to be affected.