Consumer Packaged Goods

Campbell’s Soup Plant Announces Closure

Sacramento, California, historically played an important role in the canning industry. The city was home to 20 large plants at the end of the 1920s, and jobs at canning and packing plants were good ones to land. However, the industry slowly began to decline as better transportation technology allowed people to eat fresh food rather than canned food year-round and freezing techniques were perfected. Last week, Campbell’s Soup announced the closure of its oldest production plant, which is located in Sacramento. This makes the loss of the city’s canning and packing industry nearly complete.

When it comes to closing a plant, a company’s management team has a lot to think about beyond the impact on their employees. First of all, the company has to decide what to do with the equipment inside the building. They have to decide if it has a resale value or if it should be recycled. For a large company like Campbell’s with a number of plants, the company has to decide if equipment should be shipped to other plants where it can have a new life. The management team also has to decide what to do with the building. Sometimes, the company chooses to demolish the building. In other cases, the buildings are sold and repurposed. Some of the other production plants in Sacramento have been turned into office or apartment buildings.

After the decisions are made comes the complex process of putting those decisions into action. Companies have to find buyers or recyclers. They might have to find ways to ship large pieces of equipment or store them until they can be used. They might need appraisal services or help finding a demolition team. Luckily, EquipNet can help a company implement all of these decisions. If your company is facing a plant closure, contact us today to discuss how we can help.

Categorias: Consumer Packaged Goods , Services

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