date:Apr 07, 2014
ected to incur costs of around $34.4m, which includes cash severance charges of approximately $10.4m and non-cash accelerated depreciation charges of about $21m, along with other cash closure costs $3m.
Hillshire Brands chief supply chain officer Tom Hayes said that closing the Florence facility was a very difficult decision to make.
For many years, these employees dedicated themselves to running a quality operation, which they have done exceptionally well. Unfortunately, after looking at our