Kellogg is planning to update its North American supply chain by investing $45 million in the coming three years. The food manufacturing firm plans to fulfil the demand of consumers for ready-to-eat cereals through this investment. It aims to “help offset inflation and reinvest in the brand.” Kellogg does not plan to stop any of its production lines. Instead, the brand will keep $4 million aside to offer severance and other termination benefits to employees.
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