But at least some of 197 Cargill employees in Sidney may ultimately be laid off, he said.
“The work they’re doing will end,” Stoddart said. “And they will likely transition out of their roles in Cargill in Sidney. But there may be opportunities for them in other parts of Cargill.”
The agreement is one Cargill has reached with Brea, Calif.-based Ventura Foods, selling Cargill’s “Dressings, Sauces and Mayonnaise (DSM)” business to the latter company, Cargill said in a statement.
Cargill DSM makes products such as mayonnaise, tartar sauce, flavored dressings, and sauces for national food-service companies and distributors, the company said.
The business operates from one facility in Port St. Lucie, Fla., and two facilities integrated within the broader operations of Cargill’s Fats & Oils Group in Gainesville, Georgia and Sidney.
“Cargill’s 46 employees at Cargill’s DSM Port St. Lucie plant will be offered employment by Ventura Foods,” Cargill said in its release. “Many of the 52 Cargill DSM employees in Gainesville and 197 Cargill DSM employees in Sidney will be retained by Cargill for 15-18 months during the Cargill-Ventura Foods co-manufacturing agreement.”
The transaction is expected to close in the second quarter of 2016. Terms were not disclosed.
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