US: Bakery group Bimbo to close two plants
Mexican baker Grupo Bimbo is to close two manufacturing plants in the US.
Production at facilities in Alabama and Tennessee will end in May, the company's local unit, Bimbo Bakeries USA, has announced.
The bakeries - in Dothan in Alabama and a plant in Knoxville in Tennessee - produce bread and buns and employ a combined 190 staff.
Bimbo said the "ageing" facilities could no longer "compete in the marketplace". It said production would move to other sites in its manufacturing network.
The company became the largest baker in the US after its acquisition of Sara Lee's fresh bakery operations. The deal, announced in November 2010, was completed 12 months later after it secured approval from anti-trust authorities in the UK.
In January, Bimbo announced plans to close a former Sara Lee bakery in Rock Island in Illinois.
Hillshire Brands has added a Lemon Pound Cake to its Sara Lee brand, as well as making the label's signature Butter Pound Cake more moist....
Private-equity firm Wind Point Partners has snapped up US snacks group Shearer's Foods in a takeover backed by former Sara Lee executive C.J. Fraleigh....
- What Grexit could mean for the food industry
- just-food's pick: Top trends at Fancy Food Show
- Focus: ConAgra own-label exit plan is about growth
- Focus: Can General Mills improve US retail sales?
- IRI – The opportunity of range optimisation
- Hovis "mulls Irish Pride Bakeries takeover"
- JBS acquires Cargill's US pork unit
- North Castle acquires stake in Sprout
- ABF's Kingsmill returns to Tesco
- Fonterra begins consultations in efficiency drive