Popular chip brand exits coastal hometown after decades as workers face layoffs [FOX News]
The Campbell's Company (CPB)
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Source: FOX News
A popular potato chip brand is leaving its coastal hometown after more than four decades of operations — but its signature name will remain. The Campbell's Co. announced that it was closing the Cape Cod chip plant in Hyannis, Massachusetts, according to a Jan. 29 news release. The brand was founded in Hyannis — a beach town known for its association with the Kennedys — and the plant, which will end production in April, has been in use since 1985. The production of Cape Cod chips will "be transferred to more modern and efficient plants, enabling a more agile and flexible manufacturing network," Campbell's said in a statement. The main plants are in Beloit, Wisconsin; Charlotte, North Carolina; and Hanover, Pennsylvania — where Campbell's said that "high-quality, carefully selected ingredients " will continue to be used. The company said the Hyannis plant only produces 4% of Cape Cod chips and its continued operation "no longer makes economic sense for the business." Forty-
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News
- Where is The Campbell's Company (CPB) Headed According to the Street? [Yahoo! Finance]Yahoo! Finance
- Cape Cod chips leaving Cape Cod, Hanover gets crumbs [Yahoo! Finance]Yahoo! Finance
- Campbell's to shutter Cape Cod potato chip plant [Yahoo! Finance]Yahoo! Finance
- Original plant for iconic potato chips to close, eliminating nearly 50 jobs [Yahoo! Finance]Yahoo! Finance
- Cape Cod potato chips will no longer be made on Cape Cod as Hyannis factory plans to close [CBS News]CBS News
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