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Heinz Frozen Food Co

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BUSINESS
November 11, 1998 | Times Wire Services
H.J. Heinz Co. said it will combine its Ore-Ida Foods and Weight Watchers frozen food units into a new company, Heinz Frozen Food Co., resulting in about 400 job cuts and a $150-million pretax charge. The world's largest catsup maker said it will close a factory in Pennsylvania, cut production at a plant in Idaho and exit the pocket-sandwich business as part of the consolidation. Heinz named Neil Harrison president and chief executive of the new company, which will be based in Pittsburgh.
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BUSINESS
November 11, 1998 | Times Wire Services
H.J. Heinz Co. said it will combine its Ore-Ida Foods and Weight Watchers frozen food units into a new company, Heinz Frozen Food Co., resulting in about 400 job cuts and a $150-million pretax charge. The world's largest catsup maker said it will close a factory in Pennsylvania, cut production at a plant in Idaho and exit the pocket-sandwich business as part of the consolidation. Heinz named Neil Harrison president and chief executive of the new company, which will be based in Pittsburgh.
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