Sector News

General Mills to close Australian site amid restructuring measures

November 4, 2016
Consumer Packaged Goods

General Mills has announced that it will restructure its Australian operations.

The company will close its manufacturing facility in Mount Waverley, Victoria and consolidate its Australian manufacturing activity into an expanded production facility in Rooty Hill, New South Wales and broader Australian supply chain network.

The closure of the Mount Waverley facility will occur between April and June 2018. All staff in both locations have been informed of the closure. General Mills will be working to redeploy and relocate employees to Rooty Hill as appropriate, but it is likely that most roles from Mount Waverley will become redundant, it said.

“The difficult decision to close the Mount Waverley facility, which makes pasta, sauce and ready-to-eat meals, was taken to simplify General Mills’ supply chain and secure the future growth of the business,” the company said in a statement.

Source: FoodBev.com

comments closed

Related News

April 14, 2024

McCain Foods completes acquisition of Strong Roots

Consumer Packaged Goods

McCain Foods has completed the acquisition of Irish plant-based frozen food manufacturer Strong Roots. The acquisition follows McCain and Strong Roots’ strategic partnership, which began in 2021 and resulted from a $55 million investment.

April 14, 2024

Cargill’s alternative cocoa collaboration gets off the ground as cocoa prices continue to climb

Consumer Packaged Goods

Cargill partners with Voyage Foods to scale up alternatives to cocoa-based products to meet consumers’ indulgence needs. The commercial partnership will also provide food manufacturers with nut spreads produced with no nut or dairy allergens used in the recipe formulation.

April 14, 2024

L’Occitane stock still halted as owner reportedly tries again to privatize beauty company

Consumer Packaged Goods

L’Occitane International owner Reinold Geiger is reportedly close to taking the company private in a deal with Blackstone. The French skin care company’s filing halted trading of its Hong Kong-listed shares this week. This is the second time in months that the Australian billionaire has attempted a buyout.

How can we help you?

We're easy to reach