Venezuela reactivates Kellogg plant after company pullout
(Adds quote from governor, details, background)
CARACAS, May 16 (Reuters) - Venezuelan authorities said they
were reactivating a Kellogg Co plant under worker control
on Wednesday, a day after the U.S. multinational food producer
pulled out of the crisis-hit country.
Kellogg joined a host of other multinationals in exiting
Venezuela and later confirmed President Nicolas Maduro's leftist
government had taken over its manufacturing plant.
On Wednesday, Aragua state Governor Marco Torres slammed
Kellogg and guaranteed food production would continue.
"With no notification, this U.S.-based multinational decided
to close its doors, leaving 570 workers hanging," said Torres at
the plant, in Maracay.
"Yet, we're here - in less than 24 hours."
Millions in Venezuela suffer food and medicine shortages
amid hyperinflation. Maduro blames Venezuela's crisis on an
"economic war" that he says is being waged by Washington, greedy
businessmen and coup-mongers.
He is expected to win Sunday's presidential election,
described by the opposition as a sham.
Clorox, Kimberly-Clark, General Mills
, General Motors and Harvest Natural Resources are
the most recent big names to pull out of Venezuela in the face
of economic conditions.
Opposition critics scoffed that the government would quickly
plunder the Kellogg plant and ruin its business.
(Reporting by Corina Pons and Vivian Sequera
Writing by Girish Gupta
Editing by Chizu Nomiyama and Steve Orlofsky)
First Published: 2018-05-16 17:07:08
Updated 2018-05-16 17:47:51
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