CHARLOTTE – Campbell Soup Company is closing its Snacks-focused offices in Charlotte and Norwalk, Conn. as it consolidates operations into company headquarters in Camden, N.J.
The company announced the moves Wednesday and said workers would be offered relocation assistance.
Other Campbell operations and 2,500 workers at those operations in North Carolina are not affected, the company said.
“The company expects to realize cost savings from consolidating the buildings beginning in fiscal year 2024 and reach $10 million in annual cost savings by fiscal year 2026,” Campbell said. “The savings will be partially reinvested in the business and are included in the company’s plan to increase margins in the Snacks division. No commercial roles are being eliminated related to the closing of the Charlotte and Norwalk office buildings. The company will provide eligible employees with comprehensive relocation support.”
The Snacks group stemmed from Campbell’s acquisition of Snyder’s-Lance in 2018.
“Charlotte will remain a key manufacturing and distribution center, with approximately 1,400 employees in the Pineville area. Combined with the company’s Maxton manufacturing site, Campbell employs approximately 2,500 people in the state,” the company added.
