USA: Campbell's Australian biscuit unit announces manufacturing reconfiguration
Campbell Soup Company (NYSE: CPB) today announced that its Arnott's biscuit unit in Australia is reconfiguring its manufacturing network to drive greater efficiency and effectiveness in support of its growth agenda. The reconfiguration includes increased investments of approximately $30 million in three facilities-Sydney, Brisbane and Adelaide -- and the closure in September 2002 of its Melbourne plant. Arnott's is Australia's market-leading biscuit company and has been wholly owned by Campbell since 1997.
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