ConAgra to close plants

07/1/2005 | Financial Times (tiered subscription model) · CNNMoney

ConAgra, maker of Healthy Choice, Hebrew National and other brands, will close some plants in a cost-cutting move after a failed attempt to raise prices to offset higher pork and beef costs. The closings will take place over three years, countering what CEO Bruce Rohde described as "some significant shortcomings, most notably in basic execution within our packaged meats operations."

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Financial Times (tiered subscription model) · CNNMoney

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