ConAgra Cancels $75 Million Center for Fort Worth, Texas

---

Researched by Industrial Info Resources (Sugar Land, Texas)--ConAgra Grocery Products Company (Naperville, Illinois), a division of ConAgra Foods Incorporated (NYSE:CAG) (Omaha, Nebraska) has decided to cancel a major expansion project in Fort Worth, Texas, that was supposed to create as much as 400 new jobs within the first five years.

The $75 million project included the construction of a 550,000-square-foot building on a 27-acre site to consolidate production and warehouse into a central location. Haskell Company (Jacksonville, Florida), the general contractor, began construction early this year and anticipated completion of the project this month. Industrial Info Resources detailed the scope of the project, tentative schedule and key contacts.

Company officials did not give details about the project’s cancellation. Last fall, the company announced that it will close five manufacturing plants and as many as 12 plants by 2009, as part of a plan to achieve long-term profitable growth. The new facility was expected to receive production from some plants affected from these closures. As of today, Industrial Info’s database is tracking 69 operational ConAgra Foods plants in the U.S. and Canada.

View Plant Profile - 1017569
View Project Report - 01011356

Industrial Info Resources (IIR) provides marketing communication services ranging from industrial database solutions to market forecasting, custom analytics, and specialty promotions that support high-level image campaigns.