Extracted from this filing and checked against the source text.
Restructurings & Charges
SEC 8-K Item 2.05/2.06
confidence 0.9
GENERAL MILLS INC announced a restructuring with charges of approximately $82 million of restructuring charges affecting North America Foodservice pizza crust manufacturing facility in St. Charles, Missouri; two North America Pet manufacturing facilities in Joplin, Missouri; consolidation of assets at certain other faci.
- Type
- restructuring
- Charge
- approximately $82 million of restructuring charges
- Affected area
- North America Foodservice pizza crust manufacturing facility in St. Charles, Missouri; two North America Pet manufacturing facilities in Joplin, Missouri; consolidation of assets at certain other faci
Exact text from the filing
On September 25, 2025, General Mills, Inc. approved a multi-year organizational initiative to increase the competitiveness of our supply chain. To consolidate capacity, improve our cost structure, and support this initiative, we approved (i) the closure of our North America Foodservice pizza crust manufacturing facility in St. Charles, Missouri, (ii) the closure of two of our North America Pet manufacturing facilities in Joplin, Missouri that we acquired in the Whitebridge Pet Brands acquisition, and (iii) the consolidation of assets at certain of our other facilities, pursuant to which we expect to incur approximately $82 million of restructuring charges, of which approximately $17 million will be cash.
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