Hershey cuts jobs

US chocolate confectioner Hershey has started a new supply chain efficiency program which cost almost 15 % of its workforce. The program is called margin for growth. The job cuts will take place mainly in overseas older plants. Hershey will reduce the workforce by about 2,700 jobs to achieve a margin goal of 22 to…

tna acquires NID

Australian food and packaging machinery supplier tna has announced to acquire the specialist for mogul plants NID. Tna-CEO Alf Taylor said that NID fits perfectly into the tna-portfolio. NID was found in Hans Arthur Faerber in 1952. Over the years NID installed over 600 mogul plants worldwide. “The integration of NID into the tna family…