B&G Foods to sell Portland manufacturing facility to cut down on costs

USA – B&G Foods, an American holding company for branded foods, has signed an agreement to sell its Portland manufacturing facility to a nonprofit that runs Northeastern University’s Roux Institute, a graduate educational institution focused on digital engineering, genomics, and life sciences.    The factory was built in 1913, and has been constantly in operation ever since, the Portland Press Herald reported.  The manufacturing plant produced a number of brands including B&M and Underwood and employed approximately 86 people. Its closure is part of B&G’s commitment to improve productivity and reduce costs, the…

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