Cereal giant Kellogg has announced it intention to close its plant in Columbus (Georgia) with the loss of 325 jobs.
The move is part of a restructuring program named Project K which will reduce 7% of the company’s global workforce over the next four years and which is expected to generate cash savings of between $425 million and $475 million by 2018.
“As with any project that impact people, these are difficult decisions. We are very mindful of the impact these changes will have particularly to our employees, and we will help those who are impacted through their transitions” commented Kris Charles, Kellogg’s vice president of communications.
The closure of the Columbus plant is the latest in a number of factory closures announced by Kellogg. It has also revealed its plans to close down other plants including in London (Ontario) and Charmhaven in Australia, and reduce production at its Cincinnati facility, while opening new plants in Malaysia and Thailand.
Source: Battle Creek Enquirer