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Nova gets ratings boost; Heinz closing California plant; Teva ups Mylan stake

2015-06-13 08:28:49| Food - Topix.net

Fitch Ratings upgraded the rating on Nova Chemicals Corp.'s $1.7 billion in debt to BBB-minus and revised its rating outlook to stable from positive. Fitch said Nova has benefited from low-cost feedstocks at its Canadian plants, has strong cash balances, and has reduced its debt since being acquired in 2009 by International Petroleum Investment Co.

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Heinz closing Chatsworth plant, 145 workers lose jobs

2015-06-12 22:08:49| Food - Topix.net

In another blow to the San Fernando Valley's manufacturing base, H.J. Heinz Co. is shuttering its Chatsworth condiment plant and laying off 145 workers, the company said Friday.

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Amazon Closing Distribution Plant in Kansas

2014-10-01 22:57:31| IT Services - Topix.net

Amazon.com plans to close a distribution center in southeast Kansas in February, but it isn't clear how many employees the move will affect. Coffeyville Chamber of Commerce executive director Stacia Meek said Wednesday that Amazon informed her of the closure in an email Tuesday evening.

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a Cargill closing Memphis corn plant, cuts 440 workers

2014-09-23 04:36:16| Food - Topix.net

Cargill Inc. is closing its corn-milling facility in Memphis by early 2015, and may look to sell the property. The Wayzata-based agribusiness company said last week the plant is being shuttered due its distance from Midwest corn growers and the cost of shipping corn there.

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