Post Holdings Provides Financial Update on Michael Foods Klingerstown Plant Fire and Water Boil Order at Lenox Plant
Post Holdings, Inc. (POST)
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US:NYSE Investor Relations:
postholdings.com/investor-relations
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Source: GlobeNewswire
ST. LOUIS, June 15, 2018 (GLOBE NEWSWIRE) -- Post Holdings, Inc. (NYSE:POST), a consumer packaged goods holding company, previously reported a fire took place at its Michael Foods precooked egg facility in Klingerstown, PA, and, unrelated, a water boil order was issued by the municipal water association servicing its Michael Foods Lenox, IA precooked egg facility. The cause of the fire at Klingerstown continues to be investigated with repairs to the roof and electrical infrastructure currently in process. The plant continues to operate, with additional production anticipated to return on June 19. Remaining oven production is expected to be brought back into service by mid-July, with the plant returning to full production then. The Lenox facility restarted partial operations on June 7, with full production levels reached on June 11. While underlying egg product demand remains strong, this disruption has resulted in modest service level issues and lost sales revenue. Post managemen
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