Complied from multi sources and a story by Marc Levy of the Associated Press as reported in Manufacturing.Net - Hershey Co., the leading U.S. candy maker, said that it will shut down a plant in Reading and cut 260 jobs as part of a wider move to cut labor and materials costs. Hershey also announced that it plans to eliminate 1,500 jobs and one-third of its existing production lines over the next three years. It plans to build a new plant in Monterrey, Mexico, and shift more manufacturing to contractors in the U.S., and has struck agreements with Indian and South Korean companies to make and distribute its products in Asia. The proportion of Hershey's manufacturing in the U.S. and Canada will shrink, from 94 percent now to 80 percent by 2010. Hershey has said it will cut up to 900 of the 3,000 workers from three plants in its hometown and close a plant in Smiths Falls, Ontario, affecting more than 500 workers. Teamsters General President Jim Hoffa was in Reading on Wednesday, April 9th , meeting with workers at the Hershey Foods facility scheduled to close in the next few months to move to Mexico. The links for the story are as follows: http://money.aol.com/news/articles/qp/pr/_a/hoffa-to-meet-with-workers-at-hershey/rfid90264202 and: http://www.manufacturing.net/article.aspx?id=139991&terms=Thursday, April 17, 2008
It just doesn't stop...NAFTA
Complied from multi sources and a story by Marc Levy of the Associated Press as reported in Manufacturing.Net - Hershey Co., the leading U.S. candy maker, said that it will shut down a plant in Reading and cut 260 jobs as part of a wider move to cut labor and materials costs. Hershey also announced that it plans to eliminate 1,500 jobs and one-third of its existing production lines over the next three years. It plans to build a new plant in Monterrey, Mexico, and shift more manufacturing to contractors in the U.S., and has struck agreements with Indian and South Korean companies to make and distribute its products in Asia. The proportion of Hershey's manufacturing in the U.S. and Canada will shrink, from 94 percent now to 80 percent by 2010. Hershey has said it will cut up to 900 of the 3,000 workers from three plants in its hometown and close a plant in Smiths Falls, Ontario, affecting more than 500 workers. Teamsters General President Jim Hoffa was in Reading on Wednesday, April 9th , meeting with workers at the Hershey Foods facility scheduled to close in the next few months to move to Mexico. The links for the story are as follows: http://money.aol.com/news/articles/qp/pr/_a/hoffa-to-meet-with-workers-at-hershey/rfid90264202 and: http://www.manufacturing.net/article.aspx?id=139991&terms=