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Heinz closing 3 plants, cutting 1,350 jobs
Associated Press ^ | Nov 14, 2013 5:45 PM EST

Posted on 11/14/2013 4:20:41 PM PST by Olog-hai

H.J. Heinz Co. is closing three plants in North America and cutting 1,350 jobs in an effort to operate more efficiently.

The food maker said Thursday that it will close facilities in two states and Canada over the next six to eight months. The cuts total 200 jobs in Florence, S.C., 410 jobs in Pocatello, Idaho and 740 employees in Leamington, Ontario, in Canada. …

(Excerpt) Read more at hosted.ap.org ...


TOPICS: Business/Economy; Chit/Chat; Food; Society
KEYWORDS: berkshirehathaway; closingplants; heinz; liberalagenda; skininthegame; warrenbuffett
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And only ten months after Warren Buffett put his crispy “skin in the game”, so to speak.
1 posted on 11/14/2013 4:20:41 PM PST by Olog-hai
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To: Olog-hai

Heinz to invest heavily in Mexico - http://www.mexipreneur.com/2011/07/heinz-to-invest-heavily-in-mexico/ while cutting US jobs


2 posted on 11/14/2013 4:24:13 PM PST by icwhatudo (Low taxes and less spending in Sodom and Gomorrah is not my idea of a conservative victory)
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To: Olog-hai

I’d bet half their employees are in the country illegally.


3 posted on 11/14/2013 4:29:34 PM PST by dragnet2 (Diversion and evasion are tools of deceit)
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To: Olog-hai

John Kerry’s fault.


4 posted on 11/14/2013 4:29:56 PM PST by fieldmarshaldj (Resist We Much)
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To: icwhatudo

Heinz to invest heavily in Mexico -

__________________________________________________________

And there ya have it.


5 posted on 11/14/2013 4:30:17 PM PST by dragnet2 (Diversion and evasion are tools of deceit)
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To: Olog-hai

McDaonld’s is dumping Heinz. Ripple.....


6 posted on 11/14/2013 4:32:34 PM PST by mad_as_he$$
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To: Olog-hai

Mamma T had too many gin-soaked raisins.

What does boy-toy John F’n have to say bout it???


7 posted on 11/14/2013 4:33:46 PM PST by KosmicKitty (WARNING: Hormonally crazed woman ahead!!)
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To: mad_as_he$$

How is it that the unemployment rate hasn’t blown up?


8 posted on 11/14/2013 4:36:05 PM PST by Loud Mime (Living Orwell's nightmare)
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To: Olog-hai

So my years of boycotting the company has finally had an affect?! Kewl! /s


9 posted on 11/14/2013 4:36:46 PM PST by South40 (Liberalism is a Disease)
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To: icwhatudo

Gee, looks like Theresa and John “really” care about American jobs. NOT!


10 posted on 11/14/2013 4:42:10 PM PST by MadMax, the Grinning Reaper
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To: mad_as_he$$

I heard Heinz hired the Ex Burger King CEO.


11 posted on 11/14/2013 4:45:06 PM PST by driftdiver (I could eat it raw, but why do that when I have a fire.)
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To: Olog-hai

Heinz. 54 Flavors.


12 posted on 11/14/2013 4:46:53 PM PST by exit82 ("The Taliban is on the inside of the building" E. Nordstrom 10-10-12)
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To: Olog-hai

color me sad...


13 posted on 11/14/2013 4:47:41 PM PST by Sacajaweau
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To: Olog-hai; Squawk 8888

Canada ping.


14 posted on 11/14/2013 4:54:18 PM PST by fanfan ("If Muslim kids were asked to go to church on Sunday and take Holy Communion there would be war.")
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To: Olog-hai

The international banking system; loaned USA money to build factories, then/now re-loans money to Mexico and every place _but_ USA to re-build factories there.

Banks are obviously a non-national money making business, making the same profit re-building the same factory in an ongoing sequence of locations/nations. The brillance of it all is that they not only make money on the interest, but that they make even more money on the principle. Loaning money they didn’t even have; a fraction of it; wink, wink, wink.

Let me see, if I pretended to loan you $20million that I didn’t have, charging you 5% interest, would I make more money from interest, 5% (20M/20 = 1M) or the 20M principle? I can’t say enough duh...


15 posted on 11/14/2013 5:03:21 PM PST by veracious
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To: mad_as_he$$
You are correct...the loss of supplying McDonald's with ketchup had to hurt. The pile of rotten tomato's building up had to go somewhere.
16 posted on 11/14/2013 5:05:45 PM PST by Musketeer
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To: mad_as_he$$

McD’s only had about two restaurants serving Heinz ketchup. Just about all other outlets serve the McD “fancy” ketchup. No big lossmaker for Heinz.


17 posted on 11/14/2013 5:13:11 PM PST by Olog-hai (He must indeed have been that Voivode Chocula who won his name against the Turk . . .)
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To: fieldmarshaldj

Once I saw his ugly mug with Tuh-Ray-Zuh Heinz, we switched to Hunt’s Ketchup and never looked back.


18 posted on 11/14/2013 5:16:41 PM PST by Cowgirl of Justice
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To: dragnet2

Not the ones in Canada.


19 posted on 11/14/2013 5:37:19 PM PST by Former Proud Canadian (Cruz/Palin 2016)
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To: Cowgirl of Justice

Me too.


20 posted on 11/14/2013 5:42:07 PM PST by MagnoliaB
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