In order to better optimize its operation, FrieslandCampina recently announced that it will restructure its cheese packaging activities. The dairy giant plans to close its location in Genk, Belgium, which is part of the acceleration of the corporate strategy ‘Our Purpose, Our Plan.’ as announced on November 10, 2020 and will contribute to a structural reduction of overcapacity and announced savings.
“In line with our strategy, we are continuously looking for ways to further improve our position with regard to value creation and cost optimization. Of course, we do this after careful consideration of all interests, including those of the impacted employees. I am aware that the intention to close our Genk location has a major impact. In case of closure, the company will provide our employees with maximum support in finding new jobs,” commented Hans Meeuwis, President, FrieslandCampina Dairy Essentials, in a recent press release.
The company went on to explain that the intended decision to close the Yoko Cheese location in Genk is based on the current underutilization of the cheese packaging network, further portfolio optimization, and synergy benefits of concentrating cheese packaging activities in Wolvega and Leerdam.
FrieslandCampina’s competitive standing in the industry will be strengthened by this move, the release explained. The intended closure of the Genk location is planned for the end of 2021.
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