Come mid-2017, the West Chicago facility that has been making cereal and dry dinners for 56 years will be closing down, hoping to save $310 million in 2016.
The facility produces Bugle snacks and cereals such as Cinnamon Toast Crunch and Hamburger helper products.
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This is being done as part of Project Century, which is aimed at streamlining operations and identifying possible capacity reductions in the North American manufacturing and distribution network.
As part of the project, General Mills will also shut down Junge Boulevard facility that operates in Missouri manufacturing snack products. This 2015 year-end closure will result in a 120 people being laid off.
According to the company, there are plans to cut 675 to 725 positions overseas. And the the job cuts are supposed to help save on expenses and boost margins and profitability.
