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Kellogg (K) to Close Georgia Plant, Cut 325 Jobs

The plant will close for good by the end of 2015

By Karl Utermohlen, InvestorPlace Writer

http://invstplc.com/1poWfR5

Kellogg (K) is closing its Columbus, Georgia plant by the end of next year.

Kellogg325 employees are losing their jobs when the company closes down over the next year and a half. Current employees got a phone call over the weekend saying there was a meeting Monday morning.

Kellogg said that the Columbus plant will start “winding down” next spring and officially close by the end of 2015. The company said that current Georgia employees are welcome to apply to other jobs at its Rome and Atlanta plants.

“We are very mindful of the impact these changes will have – particularly to our employees, and we will help those who are impacted through their transitions,” Kellogg spokesperson Kris Charles said in statement.

K stock is down close to 0.5% Tuesday afternoon.

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Article printed from InvestorPlace Media, https://investorplace.com/2014/07/kellogg-k-georgia-plant/.

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