Feb. 16, 2018 | Corporate
Seneca Foods to Close its Modesto, California Facility
Seneca announced today that it will close its plant in Modesto, California, due to challenging economic conditions. The facility is primarily used for packaging and warehousing of the Company’s peach and fruit cocktail products. The Company expects this plant closure to improve its long-term financial condition and reduce leverage.
Seneca Foods to Close its Modesto, California Facility
Seneca Foods to Close its Modesto, California FacilityWired News – Seneca Foods Finalizes Acquisition of Maraschino Cherry Business from Burnette Foods
Wired News – Seneca Foods Finalizes Acquisition of Maraschino Cherry Business f…Feb. 2, 2018 | Corporate
Seneca Foods Completes the Acquisition of Burnette Foods Maraschino Cherry Business
“Burnette maraschino business has a history of providing quality maraschino cherry products to their customers. We are very excited about this acquisition as it is a nice complementary fit with Seneca’s existing cherry business,” stated Kraig Kayser, Seneca Foods' President and CEO.
Seneca Foods Completes the Acquisition of Burnette Foods Maraschino Cherry Business
Seneca Foods Completes the Acquisition of Burnette Foods Maraschino Cherry Busi…Jan. 25, 2018 | Earnings Reports
Sales Increase of 7.1% or $69.6 Million for the Nine Months Ended December 30, 2017
“Due to a significant LIFO charge for the quarter and nine month periods, we are reporting slightly lower earnings than the prior year periods. FIFO net earnings and sales are up compared to the prior year. Overall, operating earnings, excluding LIFO and plant restructuring charges, are ahead of the prior year,” stated Kraig Kayser, President and Chief Executive Officer.