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Thursday, November 05, 2015

Target closing 13 stores nationwide..Kraft Heinz closing 7 factories

http://www.cnbc.com/2015/11/04/kraft-heinz-closing-7-factories-cutting-2600-jobs.html

http://www.huffingtonpost.com/entry/list-of-target-store-closings_563a8529e4b0b24aee48d007?ncid=txtlnkusaolp00000592

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.

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