Cereal Partners UK (CPUK), the Nestle and General Mills breakfast cereals joint venture, has announced plans to close its factory in Bromborough, UK with the loss of up to 300 jobs, ceasing production of private label cereals According to sources, the company is planning to consolidate operations at its site in Staverton, Wiltshire, investing £74 million ($95 million) to expand branded product capacity. CPUK&I said its factories were running below capacity due to a major …