Private label food manufacturer and distributor TreeHouse Foods, Inc. has announced that it will be closing its Minneapolis, Minnesota facility by the end of the third quarter of 2019. The plant produces snack nuts and trail mix for the Snacks division.
The company noted that the closure enables the Snacks division to streamline its operational footprint, and position the business for success at lower volume levels. TreeHouse also noted that it anticipates being able to provide a more complete update around its Snacks business, along with updated full-year guidance as part of its second quarter earnings release in early August.
The closure will affect approximately 120 employees.The costs to close the Minneapolis facility are expected to be approximately $13 million, which includes employee-related costs of approximately $1 million.
