US based food and beverage manufacturer Campbell Soup Company has announced an “optimisation plan to fuel growth” that includes the closure of a manufacturing plant in Oregon and supply chain investments elsewhere.
In a press release, the company said the plan would enable improved return on capital, enhanced effectiveness and efficiency of both its manufacturing and distribution networks.
Commenting on the move, Dan Poland, Campbell’s chief supply chain officer said: “To fuel growth and transform our manufacturing and distribution network, we must invest and further strengthen our supply chain. By leveraging our best-in-class in-house capabilities combined with the expertise of trusted manufacturing partners, we will continue to make the highest quality products, with a more agile, flexible, and cost-effective manufacturing network”.
The plant earmared for closure is located in Tualatin, OR which produces organic soup, broth and plant-based drinks under the Pacific brand. It is planned to cease operating in phases, with the final closure expected by July 2026.
The company said it expects to invest around $230 million over the next three years to make the stated improvements.
Source: Campbell Soup