Sara Lee to close kosher meat unit, cut 185 jobs (AP)
Sara Lee Corp. said Wednesday it will exit the kosher meat
business and close a facility that processes kosher hot dogs and
meat by the end of January.
UPDATE - Sara Lee to close and sell plant, cut 185 jobs (at Reuters)
Sara Lee to exit kosher meat business, cut 185 jobs (at MarketWatch)
Sara Lee Announces Closure of Kosher Hot Dog and Meat Processing Facility in Chicago (Business Wire)
DOWNERS GROVE, Ill.----Sara Lee Corp. announced that it will
close its kosher hot dog and meat processing facility on or
before Jan. 30, 2009.
Sector Snap: Analyst lowers food maker estimates (AP)
An analyst on Monday lowered estimates for several top food
makers, including General Mills Inc., H.J. Heinz Co., and Kraft
Foods Inc., saying their earnings growth is at risk due to a
stronger U.S. dollar and lower volume growth as economies soften
worldwide.