Kraft Heinz (KHC) Will Close Seven Plants, Layoff ~2,600 Workers

(Updated - November 4, 2015 3:23 PM EST)

Kraft Heinz (NASDAQ: KHC) to close seven plants and layoff around 2,600 workers, according to Dow Jones Newswires.

UPDATE - Facilities to be closed are: Fullerton and San Leandro, California; Federalsburg, Maryland; St. Marys, Ontario, Canada; Campbell, New York; Lehigh Valley, Pennsylvania; and Madison, Wisconsin.

Closures are expected to happen over the next 12 to 24 months.

Following he closure of the Kraft-Heinz merger earlier in 2015, the companies said about 2,500 non-factory jobs would be eliminated.

Shares of KHC are down 0.6 percent.

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