Blommer Chocolate Closing Downtown Chicago Factory After 85 Years Due to Falling Demand and Rising Costs
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Blommer Chocolate is closing its 85-year-old downtown Chicago factory on May 31st due to plummeting sales, high maintenance costs, and reliability issues.
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The closure will impact over 250 employees, some of whom will be offered jobs at other Blommer locations.
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Parent company Fuji Oil Holdings reported $66.7 million in losses last quarter amid decreased chocolate demand.
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Blommer plans to invest $100 million into its 3 remaining factories to increase efficiency and output.
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A new Chicago R&D center will open this fall to support future product development.