Kellogg’s closing London plant
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More than 500 employees at the Kellogg’s plant in London were handed pink slips this morning, as the company announced the factory will shut down by the end of next year.
It’s a major blow for London’s economy and a sad day for many residents as the plant has been a fixture in the city for almost a century. It opened in 1924, and makes about 27 different cereals, including Corn Flakes, Frosted Flakes and Raisin Bran.
A $223 million expansion project launched in 1984 made Kellogg’s London plant one of the company’s most technologically advanced manufacturing facilities.
The move to close down the plant is part of Kellogg’s restructuring plans to try and streamline their operations by 2018. In the company’s latest quarterly report, Kellogg revealed it was setting aside more than a billion dollars to increase efficiency, including plant consolidations.
Workers got the news of the plant closure this morning at a mandatory staff meeting.
The news comes less than a month after Heinz announced it was shutting down its Leamington plant in 2014, its second largest facility in the world. That comes with a loss of 740 full time jobs, up to 500 seasonal jobs and $1 million dollars in tax revenue for the town.
Kellogg also announced today they’re closing a snacks plant in Australia and expanding a plant in Thailand.
Photo: Kellogg’s London plant, 1942 (London Public Library)
