SOURCE: Industrial Info Resources

Industrial Info Resources

October 06, 2010 05:30 ET

Planters Company Clears Major Hurdle for $20 Million Expansion at Arkansas Facility, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - October 6, 2010) -  Researched by Industrial Info Resources (Sugar Land, Texas) -- Planters Company Incorporated, a business unit of Kraft Foods Company (NYSE:KFT) (Northfield, Illinois), recently received approval to access local incentives for a planned expansion at the company's roasted nut manufacturing facility in Fort Smith, Arkansas. However, the project still needs approval from the company's corporate board to proceed with the $20 million capital expenditure.

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