US: Ralcorp to close NY plants
By Chris Mercer | 4 January 2013
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Ralcorp to close NY facilities |
Ralcorp Holdings, the own-label group soon to be swallowed by ConAgra Foods, has confirmed it will close two manufacturing plants in New York state.
A Ralcorp spokesperson confirmed to just-food today (4 January) that the firm will close its Silver Creek and Dunkirk facilities. The plants produce cookies and a range of syrups, juice and pourable dressings respectively.
Up to 375 jobs could be lost following the closures, although Ralcorp has declined to put a figure on prospective job losses for the time being. "We are not prepared to make further comment at this time," the spokesperson said.
The move comes amid ConAgra's US$6.8bn takeover of Ralcorp, which was agreed in November and is expected to clear in March.
"This clearly puts the ConAgra-Ralcorp combination as the number one with US$4.5bn in sales," said ConAgra's sales president, Doug Knudsen, in an interview with just-food.
Sectors: Bakery, Condiments, dressings & sauces, Financials, Mergers & acquisitions, Private label
Companies: Ralcorp Holdings, ConAgra Foods
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