The closure date for Oscar Mayer’s Madison facility is fast-approaching, and as the time for the doors to close nears, questions are stirring of what will become of the plant.
"When you look at the size of the plant and what's happened in similar circumstances across the country, we can be talking 10-15 years before we find a suitable use for the site," Mayor Paul Soglin said, according to news source NBC 15. "This building, this site has virtually no chance of adaptation or reuse, so that means it needs to be cleared and for that to happen there's an estimated $10-20 million of expenses."
As we reported last November, the company announced that it would be closing the location, which currently employs about 1,200 people, by early 2017.
It seems that while the city is keeping options open for the site, it will inevitably be torn down for the next tenant as the area looks to maximize its potential.
"Our first objective is to maximize the site for employment, it has rail access, it's across the street from the airport and it's short distance for the interstate highway," Soglin said, having reported that he has been in discussion with Kraft-Heinz but not about the sale of the building.
Kraft-Heinz became the parent company for Oscar Mayer last year, originally determining the closure as necessary for “eliminating excess capacity.”
As the city continues to meet about the site and possible futures, including an additional offer from Kraft-Heinz or other industry companies, Deli Market News will continue to keep you up to date on this developing story.