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Kraft Pizza Company expands manufacturing plant

Fri. July 25, 2008; Posted: 05:12 AM
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Jul 25, 2008 (M2 EQUITYBITES via COMTEX) -- KFT | Quote | Chart | News | PowerRating -- Kraft Pizza Company, the maker of frozen pizzas and a business unit of food and beverage company Kraft Foods (NYSE:KFT), announced on Thursday (24 July) that the company is expanding its manufacturing plant in Little Chute, Wisconsin, USA.

The new pizza plant, located at 401 West North Avenue, will reportedly add 100,000 square feet and a new parking lot as part of the expansion.

The company said that a new pizza crust bakery line and assembly line will be installed at the expanded plant, enabling a significant increase in production capacity.

Construction of the new plant is expected to begin immediately and is scheduled to be completed by the end of this year. Equipment installation and production start-up of the new lines is scheduled for April 2009.

Kraft said that with the expansion employment at the plant is anticipated to increase by approximately 300 with the expansion.

In addition, Kraft Pizza Company's DiGiorno piazza will be the official pizza of Green Bay Packers for the next three seasons. This will include exclusive rights to concession pizza sales at Lambeau Field and other promotions accompanying the sponsorship.

Comments on this story may be sent to admin@m2.com

For full details on Kraft Foods Inc (KFT) click here. Kraft Foods Inc (KFT) has Short Term PowerRatings of 4. Details on Kraft Foods Inc (KFT) Short Term PowerRatings is available at This Link.

    


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