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Mondelez will ship Chicago bakery to Mexico

Thursday, July 30, 2015

Mondelez International will lay off half of its 1.200 employees in its bakery on Chicago's Southwest Side after deciding to make a major investment in a Mexico plant rather than its long-standing facility here.

The company decided not to make a $130 million upgrade to the facility, the company's largest U.S. bakery, which dates to the 1950s, because the three unions that represent workers either did not make a proposal to keep the work or their concession packages were inadequate, said Laura Guzzinati, a Mondelez spokeswoman.

Source: Chicago Tribune