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Cargill mulls sale of metals and energy businesses

July 25, 2016

Cargill Inc., the U.S. commodities giant, is considering a sale of its metals and energy businesses as it revamps its portfolio around core food and agricultural activities, according to people familiar with the matter. Cargill, the largest private company in the U.S. by sales, has..

General Mills is slashing 1,400 jobs and closing plants

July 25, 2016

General Mills said Thursday it will cut roughly 1,400 jobs worldwide as part of the consumer foods giant’s plan for full or partial closures of certain facilities in the U.S. and abroad. Those cuts would represent about a 3.6% decrease in the workforce at Minneapolis-based..

ConocoPhillips to slash another 1,000 jobs

July 25, 2016

ConocoPhillips will cut another 1,000 energy jobs this year, mostly in Texas and in Canada, as it continues to pursue cost cuts amid the downturn, The Wall Street Journal reports. Houston-based ConocoPhillips decided last Thursday that it would lay off hundreds of employees in Texas,..

Greencore buys UK-based Sandwich Factory for £15m

July 25, 2016

Greencore Group has bought UK-based The Sandwich Factory from Cranswick in a deal worth up to £15 million (€18 million). The Sandwich Factory produces food-to-go products for the convenience store and food service channels, and will grow Greencore’s presence in the food-to-go market outside its..