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Del Monte Pacific Limited (DMPL), will close two of its 10 remaining facilities in the United States and fire hundreds of employees as it implements its new "asset-light" corporate strategy.
More from International Business Times (United Kingdom):
THE Institute of Directors (IoD) in Scotland has revealed that leading executives from Diageo and Google will be among the speakers at its forthcoming annual conference.
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Economic Times (India) 08/21/2019 22:36
Shares of Nestle India rallied to record high on hope of inclusion in the upcoming review of the index before ending up 5.6 per cent at Rs 12,635 on the BSE on Wednesday.
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Business Times (Singapore) 08/21/2019 17:50
Singapore FOOD and beverage firm Del Monte Pacific Limited will close two US production facilities and sell a third in a bid to move to an asset-light strategy, it said in a bourse filing on Tuesday night.
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Business Wire 08/21/2019 17:00
On Wednesday, September 4, 2019, General Mills will present at the 2019 Barclays Global Consumer Staples Conference.
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Market Exclusive 08/21/2019 13:18
Analyst Ratings For Associated British Foods plc (LON:ABF) Today, Jefferies Financial Group reiterated its Buy rating on Associated British Foods plc (LON:ABF) with a price target of GBX 2,950. There are 13 Buy Ratings, 2 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock. The current consensus rating on Associated British Foods […]. .
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Parent company Del Monte Pacific Ltd. announced Tuesday the closing of the Mendota plant is part of a restructuring.
More from Minneapolis Star-Tribune (United States):
Hershey, Reese's, Frigidaire, Cheetos and Dove rounded out the list of top 10 short-form spots on the Google-owned video platform.
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One America News Network 08/21/2019 10:38
Sao Paulo state is greatly important to our story, as it hosted our very first factory (in Brazil),” Chief Executive for Nestle Brasil Marcelo Melchior said in a statement.
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Forbes 08/21/2019 09:57
The investments were made through Hershey’s own venture model C7 Ventures, which provides the company with new avenues for growth through the deployment of small capital investments in disruptive or emerging platforms focused on new occasions, technologies and go-to market ...
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Food Manufacture 08/21/2019 08:51
In addition to his post at Groupe Danone, where he worked until September 2005, Joshi also served as European technical brand manager at Masterfoods (Mars Confectionery) and R&D manager at Unilever.
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Food Dive 08/21/2019 08:38
Production at these locations will be transitioned to the other six Del Monte production facilities in the United States.
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