Pittsburgers will NEED THOSE TOWELS TO CRY ON..............................
Posted on 11/05/2015 9:40:06 AM PST by Red Badger
Kraft Heinz announced Wednesday that it would be closing seven factories and cutting about 2,600 jobs.
The closing factories are in Fullerton, California; San Leandro, California; Federalsburg, Maryland; St. Marys, Ontario, Canada; Campbell, New York; Lehigh Valley, Pennsylvania; and Madison, Wisconsin, Michael Mullen SVP of corporate and government affairs, said in a statement.
Over the next 12-24 months, he said, production in those locations will shift to other existing factories in North America.
He said the decision to close the factories came after "an extensive review of the Kraft Heinz North American supply chain footprint, capabilities and capacity utilization."
Calling the move "difficult but necessary," Mullen said the closures would cut approximately 2,600 positions from the company's North American factory-based employee population.
The company said it also will close its meat processing plant in Davenport, Iowa, and move production to a new facility that will be built nearby.
Kraft Heinz will invest "hundreds of millions of dollars in improving capacity utilization and modernizing many of our facilities with the installation of state-of-the-art production lines," Mullen added in his statement.
Warren Buffett's Berkshire Hathaway owns about 26.8 percent of shares outstanding in the company, according to the latest available data.
Kraft Heinz formed from the merger of Kraft and Heinz this year. The new company, co-headquartered in Chicago and Pittsburgh, announced in August that 2,500 non-factory jobs would be cut following the merger.
That 2,600 ON TOP of the already 2,500 jobs lost due to the merger. 5,100 people now unemployed, or soon to be....................
Lurch Kerry will have to forgo the new Yacht next spring I guess.
He served in Vietnam ya know.
4 whole months.....
Great deal maker too!
Towel anyone?
:-)
And by North America, they mean Mexico.
Warren Buffett has done the unthinkable.
He actually has Pittsburghers out buying Hunt’s Ketchup.
More and more manufacturing is lost to the country. Most likely, permanently.
Just wondering, 0, remember the “laser-like focus on jobs” that you talked about?
Looks like all the closings are in blue areas.
Just sayin..
“The new company, co-headquartered in Chicago and Pittsburgh,”
There will be more layoffs announced when that question is resolved...
Hmmm...
My guess: CHICAGO.......................winning....................
afterall, Buffy is one of the "producers" in this country and a hero to many....
what's a few little jobs when you're a big man like Buffy?
BUFFY THE JOBS SLAYER!.....................
Unable to catchup with the competition....
That’s cheesy...................
I’m wondering how many of those jobs are union workers?..........................
and Kraft?....well, once you've tasted good cheese, like Cougar Gold, or Dubliner, Kraft is so bland.....its hard to enjoy it once you know how good cheese is supposed to taste.
And I fear that resolution won’t be in Pittsburgh’s favor. I hope I’m wrong.
And I fear that resolution won’t be in Pittsburgh’s favor. I hope I’m wrong.
Warren Buffet is moving it to Mexico, huh?
Pittsburgers will NEED THOSE TOWELS TO CRY ON..............................
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