Kellogg's plant to close

Kellogg's is axing 100 jobs in Australia as part of a plan to move a factory from NSW to Thailand. The US cereals company told workers at its Charmhaven factory on Thursday that they would be without a job by late 2014. Kellogg's is also closing a plant in Ontario, Canada, where it is shedding 550 jobs, as it looks to save cash and expand its business in Thailand.

By InvestSMART · 13 Dec 2013

By InvestSMART ·
13 Dec 2013

Comments

Kellogg’s is axing 100 jobs in Australia as part of a plan to move a factory from NSW to Thailand. The US cereals company told workers at its Charmhaven factory on Thursday that they would be without a job by late 2014. Kellogg’s is also closing a plant in Ontario, Canada, where it is shedding 550 jobs, as it looks to save cash and expand its business in Thailand.

Go to Google News, then click "Follow" button to add us.

Share this article and show your support

Frequently Asked Questions about this Article…

Why is Kellogg's closing its factory in Australia?

Kellogg's is closing its factory in Australia as part of a plan to move operations to Thailand. This decision is aimed at saving costs and expanding their business presence in Thailand.

How many jobs will be affected by the closure of Kellogg's factory in Australia?

The closure of Kellogg's factory in Australia will result in the loss of 100 jobs.

When will the Kellogg's factory in Australia close?

The Kellogg's factory in Australia is expected to close by late 2014.

Is Kellogg's closing any other factories besides the one in Australia?

Yes, Kellogg's is also closing a plant in Ontario, Canada, which will result in the loss of 550 jobs.

What is the reason behind Kellogg's decision to move operations to Thailand?

Kellogg's is moving operations to Thailand to save costs and expand its business in the region.

How many jobs will be lost due to the closure of Kellogg's plant in Ontario, Canada?

The closure of Kellogg's plant in Ontario, Canada, will lead to the loss of 550 jobs.

What impact will the closure of Kellogg's factories have on the company's operations?

The closure of Kellogg's factories in Australia and Canada is part of a strategic move to reduce costs and focus on expanding operations in Thailand, potentially improving the company's financial efficiency.

How is Kellogg's planning to expand its business in Thailand?

While the article does not provide specific details, Kellogg's plans to expand its business in Thailand by relocating operations from Australia and Canada, which is expected to help the company save costs and enhance its market presence in the region.