SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
Australian Scandium Project Backed by Richard Friedland Poised to Support U.S. Critical Minerals Stockpile 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock 
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
PepsiCo Inc. halted operations at its Quaker Oats plant in December 2023 due to potential salmonella contamination, which led to the recall of some granola products. The facility, located in Danville, Illinois, has been closed since then, and operations have yet to resume.
Announcement of the Danville Plant's Closure
However, it was revealed this week that PepsiCo decided to shut down the factory permanently. As per Global Food Industry News' Just Food, the local government officials of Danville also issued a statement via social media to confirm that the Quaker Oats plant in their jurisdiction has ceased production permanently.
"After a detailed review, we determined that meeting our future manufacturing needs would require an extended closure for enhancements and modernization," PepsiCo's Quaker Oats said in a statement about the discontinuation of production in Danville. "To continue the timely delivery of Quaker products trusted by consumers since 1877, we determined production would need to permanently shift to other facilities."
Loss of Jobs at Quaker Oats Factory
WAND TV reported earlier that the closure of the Quaker Oats plant in the said area has instantly resulted in the loss of more than 500 employees. The company said it is aware of the effects the factory closure will have on its employees, their families, and the Danville community.
The company added that it has already notified its workforce regarding the layoffs. Quaker Oats works closely with employees and Danville officials to offer "a supportive transition." The chairman of the Vermilion County Democratic Party, Mickensy Ellis-White, also released a statement expressing support for workers who were displaced by the Quaker Oats plant shutdown.
"The Vermilion County Democratic Party is in solidarity with the workers and their families employed by Quaker Oats," Ellis-White said. "While we await details, we are reaching out to our State and Federal representatives to assess the situation and determine what assistance can be given to the employees and their families."
Meanwhile, PepsiCo will continue to pay the salaries of Quaker Oats workers until June 8. City Mayor Ricky Williams Jr. said that the production plant will also officially close on that date.
Photo by: amber.kennedy/Flickr (CC BY-SA 2.0)
