Economy
Related: About this forumNabisco plant to close, leaving as many as 600 jobless
A Nabisco plant in New Jersey will close for good by summer's end after 63 years of operation, leaving as many as 600 people without jobs, officials said. The plant in Fair Lawn, New Jersey, produces baked goods under the Nabisco brand, including famous treats such as Oreo, Lorna Doone and Teddy Grahams, filling a portion of Route 208 with the smell of fresh-baked cookies. Closure of the plant was considered a few years ago, but the company chose then to shutter a Philadelphia facility instead.
A factory in Atlanta will also be shuttered while a plant in Richmond, Virginia, will remain open. Mondelez International also has facilities in the Chicago area and in Portland, Oregon.
Both Fair Lawn and Atlanta are no longer strategic assets from a geographic footprint perspective and both face significant operational challenges, including aging infrastructure and outdated production capabilities, which would have required significant investment to bring them to the modernized state required for the future, the company said in a statement.
The company vowed to work with employees and their unions to support them through the transition.
https://abcnews.go.com/US/wireStory/nabisco-plant-close-leaving-600-jobless-75727622
msongs
(67,394 posts)Both Fair Lawn and Atlanta are no longer strategic assets from a geographic footprint perspective and both face significant operational challenges, including aging infrastructure and outdated production capabilities, which would have required significant investment to bring them to the modernized state required for the future, the company said in a statement.
left-of-center2012
(34,195 posts)LaMouffette
(2,023 posts)protect the jobs of their workers. I think it would have been questionable, but fair-ish, of them to use the PPP money to do the needed modernization so that they would not have to close the plants.
(I say "fair-ish" because they should really use their own profits to make the upgrades.)
Later . . . I googled it and it looks like they did not receive any PPP funds. Still. It sucks to have those workers lose their positions, especially now, during the pandemic
napi21
(45,806 posts)cheaper than updating the old facility whre you would still end up with all the old wiring, heating, A/C if they even have any, plumbing, & on & on. Sad, but unfortunately, everything has a useful life. Every business has to consider all of that.