The Kellogg Company says it's closing
operations in Venezuela at a time of widespread hunger in the crisis-wracked
South American nation. The Battle Creek, Michigan-based company said in a
statement Tuesday that it was prompted to cease operations as a result of
continued economic deterioration. Kellogg's factory in the city of Maracay
employs around 550 people that produce 75 percent of the breakfast cereals
Venezuelans consume. The company said it looks forward to resuming operations
once conditions improve. The company has been producing in Venezuela since 1961
and the market had been its biggest in Latin America after Mexico. More…
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