Kellogg Co

NYSE:K   2:43:45 PM EDT
63.44
-0.44 (-0.69%)
Debt Financing / Related, Restructuring / Reorganization, Bankruptcy / Related

Kellogg Announced Reorganization Plan For North America Supply Chain Network

Published: 09/03/2021 12:55 GMT
Kellogg Co (K) - Kellogg Co Says on Sept Co Announced a Reorganization Plan for the North America Supply Chain Network - Sec Filing.
Kellogg - Overall Reorganization Project Expected to Be Substantially Completed by Early 2024, With Related Productivity Improvements Commencing in 2023.
Kellogg - Reorganization Project is Expected to Result in Cumulative Pretax Charges of About $45 Million.
Kellogg - Cash Costs Are Expected to Be About $25 Million for Reorganization Plan for the North America Supply Chain Network.
Kellogg - Non-cash Costs Are Expected to Be About $20 Million and Primarily Consist of Accelerated Depreciation and Asset Write-offs.