date:Feb 21, 2013
xpectations we have to grow the peanut and nut butter businesses require us to further expand capacity in Lexington while adding a third facility. To address this need, we have made a decision to convert our Memphis, Tenn., fruit spread facility into a peanut butter plant.
Mr. Belgya said the Memphis location originally was scheduled to close as part of the companys fruit spreads restructuring project but provides Smucker a viable alternative in terms of both cost and location.
We will also co