Thursday, October 9, 2003

Biscuit company cutting its staff

107 must part from Shur-Good

By Mike Boyer
The Cincinnati Enquirer

Shur-Good Biscuit Co., Oakley-based cookie and cracker distributor, has told state officials it will eliminate 107 full- and part-time employees by the end of November.

The company, part of the Parmalat Bakery Group, said the cuts involve 66 full-time employees, including salespeople in Cincinnati, Columbus, Dayton, Indianapolis, Lexington and Louisville.

Another 41 part-time employees are affected .

A spokeswoman said the company will maintain some employees at the Cincinnati operation, founded in 1928, but she didn't know how many.

In its notice, the company said the cuts were part of an effort to control costs and remain competitive.

The company said it would provide unspecified severance to full-time employees and help all the workers find new jobs.

Privately held Shur-Good was acquired in 1999 by the North American arm of Parmalat Finanziaria Spa, one of the world's largest dairy products companies.

At the time of the sale, Shur-Good had sales of $34 million and 180 employees.

Parmalat's stable of brands includes Archway Cookies among others.


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