Closure decision from Cargill

09 October 20142 min reading
Cargill announced that it will close its corn milling facility in Memphis, Tennessee, USA. Cargill announced that it will close its Memphis corn milling facility, which employs approximately 440 people, 120 being contract employees, to be effective January 2015. The closure of the facility results primarily from the underutilization of the Memphis plant and its location away from the Corn Belt. The corn oil refinery will remain open and operate as a standalone facility to continue to serve customers. For the employees impacted at the plant, Cargill will be offering opportunities to fill positions at other company locations in the region. Those who relocate to positions at other Cargill facilities will receive assistance. For displaced employees, Cargill will provide support including, interview and resume writing training, severance packages and the opportunity to attend career fairs. President of Cargill Corn Milling based in Minneapolis Julian Chase said the following on the subject: “The decision to close our Memphis corn milling facility was made only after a careful examination of the current business situation and we examined all other possible options. This was a difficult decision to make because we have an excellent team of employees in Memphis. It is unfortunate that we must close any plant because of the impact to good people, their families and the community.” Cargill remains committed to its U.S. corn milling business and will leverage the rest of its network to continue to serve customers.
Articles in News Category
11 October 20183 min reading

Handled with care: packaging Nairn’s gluten free

Gluten free products in particular are no longer geared towards allergy sufferers alone, but have...

01 February 20172 min reading

Torsten Wywiol elected “Entrepreneur of the Year 2016”

Stern-Wywiol Gruppe Holding CEO Torsten Wywiol has been elected “Entrepreneur of the Year 2016”. ...

08 May 20182 min reading

The FAO Food Price Index rises for the second consecutive month

World food prices rose in March from the month before, driven by increases in grains and dairy cost...