Home » Chiquita Brands Announces Extensive Restructuring Plan

Chiquita Brands Announces Extensive Restructuring Plan

By wmadministrator

Cincinnati-based Chiquita Brands International has announced an extensive restructuring plan that includes closing facilities, consolidating operations and simplifying its management structure.

Chiquita’s plan to optimize its network involves closing a Fresh Express distribution center in Greencastle, Pa., and a Fresh Express production facility in Carrollton, Ga. The company employs approximately 40 people at its Greencastle facility and 240 in Carrollton.

The company is also discontinuing its line of fresh-cut fruit bowls and will convert facilities in Edgington, Ill., and Salinas, Calif., to focus instead on the production and distribution of packaged salads and snacks. The conversion will result in the elimination of 130 full-time positions associated with the fruit-bowl production.

In addition, the company has reorganized its management structure, eliminating more than 160 management positions worldwide. The cuts represent a 21 percent reduction at the three highest levels of company management.

Once the changes are implemented, the company expects to realize annual cost savings of $60-80 million.