Three General Mills plants for chop in push on costs

General Mills is to shut three factories in the US as part of the company’s bid to cut costs and improve productivity. In a stock-exchange filing, General Mills said it will close three facilities in Missouri it acquired in the last three years by the end of its 2029 fiscal year. The group said it would also conduct “the consolidation of assets at certain of our other facilities”. In May, General Mills set out a “global transformation” programme to make the business more productive. As a consequence, t ...