Oreo maker Mondelez to close Philadelphia bakeryFebruary 6, 2014 @ 2:12 pm
DEERFIELD, Ill. (AP) - Mondelez International Inc., the maker of Oreo cookies and Ritz crackers, said Thursday that it will close a Philadelphia bakery by 2015 as part of a plan to restructure its supply chain and save money.
The Deerfield, Ill.-based snack food maker said the closing will affect about 350 employees. The Philadelphia bakery makes a variety of cookies and crackers under the Nabisco brand.
Mondelez said it will now make most of its cookies and crackers at its bakeries in Fair Lawn, N.J., and Richmond, Va. It plans to invest more than $130 million in those two bakeries.
The company, which also makes Cheese Nips crackers, Chips Ahoy cookies and Trident gum, employs more than 110,000 workers around the world.
In 2012, Mondelez split from food maker Kraft Foods Group Inc. to focus on its snack business. Kraft kept grocery brands such as Oscar Mayer, Miracle Whip and A1 Steak Sauce.
(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
Community In Shock
2 dead, 4 students struggling to survive after Marysville-Pilchuck High School shooting
Week In Photos
Great heights and breathtaking images from around the world this week
Please login below with your Facebook, Twitter, Google+ or Disqus account. Existing MyNorthwest account holders will need to create a new Disqus account or use one of the social logins provided below. Thank you.