Madison, Wisconsin, was hit particularly hard by the 2015 merger of Kraft and Heinz and its accompanying layoffs. Now, the city is assessing whether the former meat processing site could be repurposed into a food terminal for regional producers. If the terminal is approved, the city will join others who are building infrastructure for medium-scale regional food distribution.
Thousands of workers have been laid off and several factories shuttered since the Brazilian investment firm 3G Capital helped facilitate Kraft’s acquisition of Heinz in 2015. Now, at the end of the trademark cost-cutting cycle that follows many 3G deals, Kraft Heinz must grapple with changing consumer preferences, the Wall Street Journal reports.