Bimbo Bakeries To Close Operations

News: Bimbo Bakeries USA, the US subsidiary of Mexico-based baking company Grupo Bimbo, will shut down operations at its Entenmann's Bay Shore facility by July 2014, shedding 170 jobs. The move comes after a critical review showed the unit's inefficiency and high-cost maintenance, the company said. The company will shift production to other units, while the distribution, research and development and other corporate activities will continue as usual.

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Related sectors of this article: Food & Drink, Food
Geography: United States

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