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.