Ferrara, a US confectionery firm, is set to close its plant in Creston, IA with the loss of 250 jobs, according to a report in the Des Moines Register.
Ferrara manufactures products under a total of 16 brands, including Trolli, Lemonheads and RedHots, with a focus on gummy confectionery. The company is reported as saying that the “difficult decision” to close the plant followed a “comprehensive review” of its operations.
“In a dynamic industry that is constantly evolving, and as the company continues to grow and capture market share, it is critical that we leverage our most efficient assets and invest in those state-of-the-art facilities where we have a competitive advantage and scale”, Ferrara said.
The Creston site is due to close in December, with production transferred to other company facilities.
Source: Des Moines Register / Confectionery News