White Plains / NY. (bl) Bunge North America, the North American operating arm of Bunge Limited, announced that it has decided to close its oil packaging plant in Bradley, Illinois. In addition, functions currently performed in the adjacent administrative building such as financial and customer services, regulatory and innovation, will be transferred to St. Louis, BNA’s corporate headquarters. These changes are scheduled to occur in 18 to 24 months.
«Our team in Bradley has worked hard to make the plant as efficient as possible, but it is more than a half century old and needs significant capital investment», said Tim Gallagher, executive vice president, Oilseed Value Chain. «As a result of our strong productivity initiatives, we found we can continue to provide our customers with high quality products, reliable supply and strong customer service from our other U.S. packaging locations with less investment».
Approximately 150 employees work in the oil packaging plant. The administrative office includes about 60 employees. Employees not being transferred to St. Louis will be able to apply for open positions at other Bunge facilities.
Bunge’s other U.S. oil packaging facilities are located in Decatur, Alabama; Decatur, Indiana; Ft. Worth, Texas; Kearny, New Jersey; Modesto, California; and Sandston, Virginia (Imgage Source: Bunge Limited).
OTHER TOPICS FROM THIS SECTION FOR YOU:
- Cloetta AB: announces Q2-2024 interim report
- Axfood AB: Reports Q2-2024 Financial Results
- Chef Robotics: Launches AI-Powered Food Robot
- Conagra Brands: Reports Fourth Quarter 2024 Results
- Limerston Capital sells Village Bakery to Groupe Menissez
- GrubMarket: Buys Major Foodservice Company in Texas
- Lantmännen acquires Entrack AB
- DPC Dash: Concludes H1-2024 with Sustained Expansion
- Norway: Orkla Food Ingredients acquires FDE
- Fondo Italiano d’Investimento co-invests in Casa della Piada
- Greggs: invests in a new frozen manufacturing and logistics site
- Bundeskartellamt imposes fine against «Fritz!» manufacturer AVM
- Yum China: Celebrates Opening of its 200th KCoffee Store
- Beijing intends to roll out 5’400 food production robots
- K-Citymarket: sees significant sales growth in Finland
- DPC Dash: reaches 900-store milestone in China
- Coffee Holding: Terminates Merger with Delta Corp Holdings
- Perkins Restaurant + Bakery: introduces new brand identity
- Engelmans Bakery: acquires St. Armands Baking Company
- National DCP: Breaks Ground on New Distribution Center