Kraft Heinz moving Oscar Mayer HQ to Chicago, closing 7 plants

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truebluefan

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In good news for Chicago but bad news for other parts of the country, Kraft Heinz will close seven manufacturing plants in the U.S. and Canada, resulting in some 2,600 layoffs, and move the headquarters of its U.S. meats business to Chicago from Madison, Wis.

The company, co-headquartered in Northfield and Pittsburgh, said it will shutter its 300-employee, Madison-based Oscar Mayer unit and move the headquarters and most of the employees in its U.S. meats business to Chicago early next year, bringing 250 jobs to the city.

The moves, described by Kraft Heinz spokesman Michael Mullen as "difficult but necessary," inch the company closer to its goal of slashing $1.5 billion in costs by 2017.

Read more http://www.chicagobusiness.com/arti...close-7-plants-move-oscar-mayer-hq-to-chicago
 

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