Tupperware shutting down last US plant, moving production to Mexico [FOX Business Network]
Tupperware Brands Corporation (TUP)
Last tupperware brands corporation earnings: 10/30 07:00 am
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Source: FOX Business Network
Tupperware Brands is shuttering its last remaining manufacturing plant in the U.S. and moving operations to Mexico, costing more than 100 workers their jobs. The iconic food storage container maker issued a WARN Notice last week alerting that it plans to permanently close its facility in Hemingway, South Carolina , laying off 148 people. The notice said layoffs will begin in September, with final closure of the plant set for January 2025. WCNB-TV reported that Tupperware sold the Hemingway plant last year and plans to move operations to Lerma, Mexico. Company representatives told the outlet most of its products sold in the U.S. and Canada are already made in Mexico. "It's important to note this decision is not a reflection of the performance of the Hemingway tea," Tupperware said in a statement to the WCNB. "We appreciate each of our valued team members and the many years of service they have dedicated to our salesforce and to the Company." The statement added that eligible
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- FFIE and REBN among Consumer Discretionary movers [Seeking Alpha]Seeking Alpha
TUP
Sec Filings
- 6/5/24 - Form 8-K
- 5/30/24 - Form SD
- 5/28/24 - Form 4
- TUP's page on the SEC website