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Snarkoleptic

(5,997 posts)
Wed Jul 13, 2016, 08:17 AM Jul 2016

Take A Stand: Boycott Nabisco Made In Mexico | Corporate Greed | AFL-CIO Video

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Take A Stand: Boycott Nabisco Made In Mexico | Corporate Greed | AFL-CIO Video (Original Post) Snarkoleptic Jul 2016 OP
Related story- End of an era: Chicago's last Oreo line shut down Friday Snarkoleptic Jul 2016 #1

Snarkoleptic

(5,997 posts)
1. Related story- End of an era: Chicago's last Oreo line shut down Friday
Wed Jul 13, 2016, 08:20 AM
Jul 2016

This is why we can't have nice things!

http://www.chicagotribune.com/business/ct-last-chicago-oreo-0709-biz-20160708-story.html

Oreo production in Chicago dates to 1953, making it one of the longest-running facilities churning out the cookies in the Mondelez network of bakeries, said Mondelez spokeswoman Laurie Guzzinati. The cookie was first made in New York City in 1912.

Over the years, the Oreo brand has achieved and sustained enormous popularity worldwide. It sells in more than 100 countries and last year brought in almost $2.9 billion in global sales.

In making the decision, Mondelez executives said they could save $46 million a year by installing the so-called "lines of the future" in Salinas, Mexico, rather than Chicago. The move is in line with Mondelez's recent efforts to increase margins in its developed markets while pushing for growth in emerging markets.

Mondelez, a $30 billion company, came into existence when Kraft Foods split into two publicly traded companies in 2012. The spun-off North American grocery business, Kraft Foods Group, later merged with Heinz to become Kraft Heinz.
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