Kellogg to close major UK factory
Kellogg Co.
$80.94
05:45 22/11/24
-0.10%
-$0.08
Food manufacturer Kellogg has put hundreds of British jobs at risk after announcing the planned closure of one of its major UK factories.
The Kellog site in Trafford Park, Greater Manchester, could close its doors by the end of 2026, with the group said to have already commenced talks with the 360 employees potentially impacted.
The 520 staff Kellogg’s employs at its MediaCity head office will not be impacted by its announcement, nor will those based at its Wrexham factory and its distribution centre in St Helens.
As of 1515 GMT, Kellogg shares were up 1.13% at $54.82 each.
Reporting by Iain Gilbert at Sharecast.com