Company that bought ConAgra’s private-label division struggles, says it will restructure; stock sinks – The Daily Nonpareil
OMAHA The company that bought ConAgra Foods troubled private-label business 18 months ago is still struggling to operate it profitably. Illinois-based TreeHouse Foods, with offices in Omaha, on Thursday announced a plan to restructure its company by 2020. In phase one, its closing packaged-food factories in Minnesota and Indiana and cutting back production at a…