Nomad Foods to Close Swiss Manufacturing Plant as Part of Cost-Saving Initiative
Nomad Foods (NOMD) plans to close its Rorschach factory in Switzerland by the end of 2026 as part of a broader cost-saving strategy targeting €200m in operational savings through 2028. The move will affect 45 employees and involve transferring production to facilities in Italy and Spain, with no disruption to Swiss market supply.
Tickers: $NOMD
Topics: corporate restructuring employee layoffs operational savings plant closure supply chain