Keurig pushes back Windsor plant shutdown to 2025 [Yahoo! Finance]
Keurig Dr Pepper Inc. (KDP)
Last keurig dr pepper inc. earnings: 4/27 04:10 pm
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Source: Yahoo! Finance
The company cited evolving supply chain needs as the reason for the delay. Despite the postponement, the planned layoffs of 379 employees will remain the same. The closure is part of Keurig's plan to ramp up operations at its South Carolina factory, which specializes in coffee roasting and packaging K-Cup pods. The Windsor facility will be sold once it ceases operations, with its land and facility valued at $22.7m. Beverage giant Keurig Dr Pepper has confirmed that the closure of its K-Cup coffee pods manufacturing facility in Windsor, Virginia, will be postponed. Keurig corporate communications senior director Katie Gilroy told Just Drinks that “we will be maintaining production at our Windsor facility through early 2025”. Operations at the plant were originally scheduled to be wrapped up by the end of this year. Keurig said the delay in the plans is intended to accommodate the “evolving supply chain needs of the business”. The company, which produces the Dr Pepper and Snappl
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KDP
Earnings
- 10/24/24 - In-Line
KDP
Sec Filings
- 12/10/24 - Form 8-K
- 11/26/24 - Form 4
- 11/12/24 - Form SC
- KDP's page on the SEC website