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Company that bought ConAgra’s private-label division struggles, says it will restructure; stock sinks – The Daily Nonpareil

OMAHA The company that bought ConAgra Foods troubled private-label business 18 months ago is still struggling to operate it profitably.

Illinois-based TreeHouse Foods, with offices in Omaha, on Thursday announced a plan to restructure its company by 2020. In phase one, its closing packaged-food factories in Minnesota and Indiana and cutting back production at a plant in Alabama. A total of 375 jobs will be cut in those places.

TreeHouse also said it would more fully integrate the former ConAgra business and cut costs. A spokesman said TreeHouse still employs about 280 people in Omaha. …

Read the full article at: http://www.nonpareilonline.com/business/company-that-bought-conagra-s-private-label-division-struggles-says/article_c87a7fde-7a32-11e7-82ea-6734aede6527.html

Category: RestructuringBy Insolvency Advisory AccountantsAugust 6, 2017

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PreviousPrevious post:Company that bought ConAgra’s private-label division struggles, says it will restructure; stock sinks – The Daily NonpareilNextNext post:The tipping point: Illegal dumping swamps the waste industry – The Age

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Company that bought ConAgra’s private-label division struggles, says it will restructure; stock sinks – The Daily Nonpareil

OMAHA The company that bought ConAgra Foods troubled private-label business 18 months ago is still struggling to operate it profitably.

Illinois-based TreeHouse Foods, with offices in Omaha, on Thursday announced a plan to restructure its company by 2020. In phase one, its closing packaged-food factories in Minnesota and Indiana and cutting back production at a plant in Alabama. A total of 375 jobs will be cut in those places.

TreeHouse also said it would more fully integrate the former ConAgra business and cut costs. A spokesman said TreeHouse still employs about 280 people in Omaha. …

Read the full article at: http://www.nonpareilonline.com/news/local/company-that-bought-conagra-s-private-label-division-struggles-says/article_c87a7fde-7a32-11e7-82ea-6734aede6527.html

Category: RestructuringBy Insolvency Advisory AccountantsAugust 6, 2017

Post navigation

PreviousPrevious post:The key to successful debt consolidation – Jamaica GleanerNextNext post:Company that bought ConAgra’s private-label division struggles, says it will restructure; stock sinks – The Daily Nonpareil

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July 17, 2024
Cash flow analysis key to small business restructuring – AccountantsDaily
July 17, 2024
SK Ecoplant to merge tech unit for group restructuring – Korea Economic Daily
July 17, 2024
Small Business Restructuring Specialists – William Buck
July 17, 2024
Local small businesses look to restructuring for ATO debt solution – InDaily
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July 17, 2024
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