Campbell to close a factory in Mexico

Posted: February 15, 2013

Campbell Soup Co. said it will close a factory in Mexico and eliminate 260 jobs, as it transfers production of juices, soups, broths, and Italian sauces to Grupo Jumex and Conservas La Costeña facilities in phases through September 2013.

Those two Mexican companies will also take over distribution of Campbell brands in Mexico.

Campbell, which will keep 70 of its 330 employees in Mexico to handle research and development, sales, supply chain, marketing and general management, said it expected to record a charge of $6 million after taxes to pay for the restructuring.    - Harold Brubaker

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