ConAgra to Close 5 Plants
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ConAgra Foods announced plans to close five plants and eliminate about 400 jobs as part of a long-term plan to cut costs.
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Alcan Inc., the world's second-largest producer of primary aluminum, said on Thursday it plans to close three European plants, downsize four sites and sell two others for the loss of about 520 jobs.
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Eastman Kodak Co.EK.N, the world's  largest maker of photographic film, will close a Coburg,  Australia, plant that makes color photographic paper at the end  of November, cutting about 600 jobs and causing a $105 million  charge.
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Colgate-Palmolive, the US consumer products company, has said that it plans to close about a third of its factories and cut more than 4,400 jobs over the next four years as part of a major restructuring effort to increase profit margins.
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Altria Group Inc.  said it plans to move  its U.S.-based cigarette production for non-U.S. markets to its  facilities in Europe and will close its Cabarrus, North  Carolina manufacturing facility by the end of 2010.
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The government warned consumers and retailers Monday to take urgent action to rid their shelves of more than 90 different products, from chili sauce to corned beef hash to dog food, produced at a plant linked to a botulism outbreak. Castleberry's Food Company closed the suspect plant.
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By Justin Hill, Contra Costa Times, Walnut Creek, Calif.  Feb. 5--A proposal to close three Albany streets at the city's northern border with El Cerrito is moving forward after consultants heard from the public before starting work on an environmental review.
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The company has decided to leave the public markets.
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Bacteria linked to contaminated peanut butter that has sickened hundreds of people has been traced to a plant owned by ConAgra Foods Inc. where it was made, U.S. health regulators said on Thursday.
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About a fifth of cod fishing grounds in the North Sea would be closed for the whole of next year under draconian proposals by the European commission, published yesterday and designed to replenish seriously depleted stocks.
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Communications chipmaker Agere Systems  Inc. AGRa.N on Wednesday said it will close a Florida plant  that employs 600 people if it cannot find a buyer by December  2005 and cut an additional 500 jobs amid slowing sales.
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ConAgra Foods Inc., the third-largest US food company, said earnings fell to $242.3 million, or 47 cents a share, in the second quarter ended Nov. 28.
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ConAgra Foods Inc. CAG.N on Tuesday  said private equity firm Hicks, Muse, Tate & Furst Inc.  exercised its option to buy the company's minority stake in  Swift Foods, and that ConAgra received $194 million in the  transaction.
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A week after ConAgra Foods Inc. recalled peanut butter from its Georgia plant after a salmonella outbreak, the Centers for Disease Control and Prevention confirmed the presence of the dangerous germ.
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Cost-cutting drive at Cadbury Schweppes will see closure of 10 factories worldwide.
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People should immediately throw away more than 90 different products, from chili sauce to corned beef hash to dog food, produced at a plant linked to a botulism outbreak, the government warned Monday. Castleberry's Food Company temporarily closed the suspect plant.
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The drugmaker Bayer AG said Friday that it will cut 6,100 jobs, or 5.5 percent of its work force, as it integrates Schering AG into its health care unit. More than half of the cuts will be in Europe, but about 1,000 positions will be eliminated in the United States.