New Ulm Kraft plant to lose 90 jobs

The Kraft plant in New Ulm will lose about 90 jobs under a restructuring plan that includes a $25 million investment in new equipment and infrastructure. Company officials say the plan could result in the loss of 80 full-time hourly positions and 10 salaried positions. Kraft has been in New Ulm since 1955 and employs 555 people at the plant.

Author:
BMTN Staff
Updated:
Mar 8, 2018
Original:
Oct 27, 2012

The Kraft plant in New Ulm will lose about 90 jobs under a restructuring plan that includes a $25 million investment in new equipment and infrastructure. Company officials say the plan could result in the loss of 80 full-time hourly positions and 10 salaried positions. Kraft has been in New Ulm since 1955 and employs 555 people at the plant.

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Kraft Foods Group says it plans to restructure its plants in New Ulm, Minn., Champaign, Ill., and Springfield, Mo. The New Ulm Journal reports the Illinois-based food and beverage conglomerate plans to invest $25 million in new packaging equipment and related infrastructure, but as many as 90 jobs in Minnesota could eliminated. The changes will take place throughout next year.

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