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| 2014 | Kroger : Pinnacle Foods to buy Canadian protein foods maker Garden | RE |
| 2014 | Hillshire Brands : Tyson wins U.S. Justice Dept antitrust nod for Hillshire deal | RE |
(Reuters) - Hillshire Brands Co on Friday said it will close its Florence, Alabama, plant, the site of its breakfast sandwich and breakfast sausage cooking operations, and cut roughly 1,100 jobs by December 30.
The 242,000-square-foot facility, which was built in the 1940s, did not meet its efficiency and long-term profitability targets, Hillshire said in a regulatory filing.
Closure-related costs are expected to total about $34.4 million, including severance, depreciation and other items.
(Reporting by Lisa Baertlein in Los Angeles; Editing by Steve Orlofsky)
| 1st Jan change | Capi. | |
|---|---|---|
| -2.25% | 95.24B | |
| +3.76% | 46.64B | |
| -0.17% | 40.77B | |
| +9.58% | 40.3B | |
| +0.38% | 38.22B | |
| -15.54% | 30.61B | |
| -6.86% | 29.66B | |
| +12.89% | 25.09B | |
| -10.87% | 22.26B |
HILLSHIRE BRANDS CO 
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