Packers

Laird Superfood

12/10/2022 22:16

Oct 12 (Reuters) - Laird Superfood Inc  LSF.A :
    * LAIRD SUPERFOOD - APPROVED PLAN TO TRANSITION PRODUCTION
OF
SUBSTANTIALLY ALL PRODUCTS THAT COMPANY INTERNALLY MANUFACTURES
TO THIRD-PARTY CO-PACKERS
    * LAIRD SUPERFOOD - WILL CLOSE PRODUCTION FACILITIES IN
SISTERS,
OREGON, REDUCE HEADCOUNT BY ABOUT 46 EMPLOYEES, REPRESENTS ABOUT
55% OF TOTAL EMPLOYEES
    * LAIRD SUPERFOOD INC - EXPECTS TO RECOGNIZE ABOUT $0.5
MILLION OF
TOTAL RESTRUCTURING AND RELATED CHARGES
    * LAIRD SUPERFOOD INC - EXPECTS SUBSTANTIALLY ALL CHARGES
ASSOCIATED WITH WORKFORCE REDUCTION TO BE INCURRED DURING
QUARTER ENDING DEC 31, 2022

Further company coverage:  LSF.A 
 ((Reuters.Briefs@thomsonreuters.com;))