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General Mills Closes Missouri Factories In $82M Shutdown Wave

2026-01-22 1 Dailymotion

General Mills will shut three Missouri facilities by mid-2026 as part of a restructuring aimed at efficiency and supply chain competitiveness. The General Mills plant closures cover TNT Pizza Crust in St. Charles and two Whitebridge Pet Brands sites in Joplin, with production shifting to other facilities. The company expects $82 million in restructuring charges, including $64 million in asset write-offs and $18 million in severance, largely in fiscal 2026 Q2. Closures are slated for June and July 2026, with worker support outlined. Following acquisitions in 2022 and 2024, the moves reflect industry cost pressures. Company filings cite about $100 million in fiscal 2026 savings once fully implemented by 2029.