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Kraft announces restructuring

October 25, 2012
By Kevin Sweeney - Journal Editor , The Journal

NEW ULM - Kraft Food Groups, Inc., announced a restructuring involving the New Ulm Kraft Plant on Wednesday. The restructuring, to be carried out in 2013, could result in the loss of as many as 80 full-time equivalent hourly positions and 10 salaried positions in New Ulm, but will include a $25 million investment in the plant for new product, according to a company spokesperson.



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