• Join our newsletter for weekly news updates and blogs on-the-go!
X-twitter Facebook-f Google-plus-g Patreon Youtube
Independent Financial Media
  • News
    • U.S. News
  • Economy
  • Housing Market
  • U.S. Banking
  • Stock Market
  • Business
  • Retail Investors
  • Hedge Funds
  • Market Manipulation
  • Blog
  • About
    • Editorial Policy
    • Privacy Policy
Home/Banking News/A Major Facility Now Makes An Unexpected Closure in Florida
Market News Today - A Major Facility Now Makes An Unexpected Closure in Florida

A Major Facility Now Makes An Unexpected Closure in Florida

By Frank Nez
June 17, 2024
2

A major facility now makes an unexpected closure in Florida, initiating layoffs according to the Florida Department of Economic Opportunity.

Refresco Beverages US Inc. has announced the closure of its manufacturing facility in Dade City, Florida, effective August 2, 2024.

The plant, located at 15340 and 15311 Citrus County Drive, will cease operations, resulting in the termination of employment for approximately 42 workers.

In a letter submitted to the Florida Department of Economic Opportunity, the company stated that employees’ last day will be August 2, with the possibility of one or two employees staying on for a few additional weeks to assist with the plant closure.

According to a company spokesperson, the decision followed “an extensive review of various factors regarding our manufacturing operations.”

The spokesperson emphasized that the priority is the well-being and support of employees during this transition.

“We are providing comprehensive assistance and resources – including outplacement services – to the Dade City employees,” the email stated.

Refresco Beverages US Inc. is a North American subsidiary of a Netherlands-based soft drink bottler and distributor.

The company, according to its website, currently employs 75,639 people and operates 75 facilities globally.

Its U.S. headquarters is in Tampa and, according to its 2023 annual report, it still has plants in Tampa and Lakeland.

For more store closure news and updates like this, opt-in for push notifications.

Also Read: An Unexpected Retailer Is Now Closing All Stores in Illinois

Other Economy News Today

Market News Today - A Major Facility Now Makes An Unexpected Closure in Florida.
Market News Today – A Major Facility Now Makes An Unexpected Closure in Florida.

An unexpected restaurant now abruptly closes 7 locations in one state after revealing plans to shutter a total of 36.

TGI Fridays is closing a total of seven restaurants in one state as part of the company’s ongoing growth strategy.

This comes after the chain abruptly closed 36 locations across 12 states in at the beginning of the year, per The-Sun.

The restaurant chain will pull the plug on seven locations across the state of New Jersey in the coming weeks.

Today, Fridays will welcome in famished diners at its location in Brick for the final time.

“As we continue along our path of transformation to revitalize the Fridays brand and implement a long-term growth strategy, we see a bright future for TGI Fridays,” said Weldon Spangler, CEO of TGI Fridays earlier this week.

“We are at the helm of a pivotal moment that will allow us to explore boundless advancement, expansion, and innovation to keep delivering ‘That Fridays Feeling’ that our fans know and love.”

Before the closures, TGI Fridays had about 270 US locations, according to the company’s website.

“As part of the store closures, TGI Fridays is offering more than 1,000 transfer opportunities, which represents over 80% of total impacted employees,” the company previously said in a statement.

“Our top priority has always been delivering a superior experience for each and every TGI Fridays guest, and we’ve identified opportunities to optimize and streamline our operations to ensure we are best positioned to meet – and exceed – on that brand promise,” said Ray Risley, US president and chief operating officer, in the release.

Eight other locations were sold to former CEO Ray Blanchette, a longtime stakeholder who will acquire the previously corporate-owned restaurants.

The sale comes as major changes have been made to the brand’s leadership, including the news of Weldon Spangler being made CEO.

“As we continue along our path of transformation to revitalize the Fridays brand and implement a long-term growth strategy, we see a bright future for TGI Fridays,” said Spangler in a statement.

Also Read: Retirees Will Now Receive More Money For Social Security

Market News Published Daily 📰

Market News Today - A Major Facility Now Makes An Unexpected Closure in Florida.
Market News Today – A Major Facility Now Makes An Unexpected Closure in Florida.

Don’t forget to opt-in for push notifications so you don’t miss a single article!

Also, thank you to all of our blog sponsors.

This year we’ve been able to increase push notifications slots making it more convenient than ever for new readers to receive their daily market news and updates.

Our readers can now donate $3 per month to support independent journalism.

For daily news and updates on your favorite stories, opt-in for push notifications.

Follow Frank Nez on X (Twitter), Instagram, or Facebook.

More Market News 📰

Support Independent Journalism ✍🏻

Support independent journalism for just $3 per month!

Your contributions help power Franknez.com as the cost of widgets and online tools continue to rise.

Thank you for your support!

Support Franknez.com

Recommended For You ✨

  • Florida Now Has Massive Departures As Hundreds of Thousands Leave
  • SNAP Benefits Will Now Increase For The Year 2024
  • A US Bank is Now Denying Customers Access to Money
  • The US Treasury Direct is Now Freezing Customer Accounts
  • A Massive US Bank is Now Closing Credit Cards
  • California Now Has Massive Departures As Hundreds of Thousands Leave


Tags:

Business NewsFinance NewsInvesting NewsJPMorganMarket NewsStock Market News
Author

Frank Nez

Frank Nez is an American entrepreneur, journalist, writer, and investor. Frank's work has been cited by SEC and Congressional reports. Franknez.com is a personal finance and market news publication, dedicated to publishing content on money, investing, entrepreneurship, and retail investor news.

Follow Me
Other Articles
Market News Today - Unexpected Restaurant with 100 Locations Is Now Closing in Missouri
Previous

Unexpected Restaurant with 100 Locations Is Now Closing in Missouri

Market News Today - An Unexpected Retailer is Now Closing in Minnesota
Next

An Unexpected Retailer is Now Closing in Minnesota

2 Comments
  1. Frank Nez says:
    June 17, 2024 at 7:51 pm

    Leave your thoughts below.

    Log in to Reply
  2. Frank Nez says:
    June 17, 2024 at 7:51 pm

    For more news and updates like this, opt-in for push notifications.

    Log in to Reply

Leave a Reply Cancel reply

You must be logged in to post a comment.

NEW POSTS

  • What Must An Entrepreneur Do After Creating A Business Plan
    What Must An Entrepreneur Do After Creating A Business Plan?
    by Frank Nez
  • FICO layoffs latest news.
    AI Just Took Hundreds of Jobs From FICO Credit Score Company
    by Kelsey Moore
  • Home Foreclosure Data
    US Home Foreclosure Data Now Shows Massive Spike In Repossessions
    by Bryan Goddard
  • Retirees May See Massive Social Security Cuts Thanks to Immigration
    Retirees May See Massive Social Security Cuts Thanks to Immigration
    by Kelsey Moore
  • Housing Costs - Housing Market News
    Housing Costs May Return To ‘Normal’ In 5 Years, Says Senior Economist
    by Bryan Goddard
Unlock your personal brand ebook

Need to Reach Us? Email us at contact@franknezmedia.com

FrankNez is an independent news platform founded by American journalist Frank Nez, focusing on delivering timely, data-driven news and reporting on various industries, including finance, economy, banking, business, and entrepreneurship. Now featured on MSN & AOL.

Markets

  • Stock Market
  • Retail Investors
  • Hedge Funds
  • Market Manipulation
  • Cryptocurrency

Money

  • Personal Finance
  • U.S. Banking
  • Economy
  • Housing Market

Business

  • Business
  • Entrepreneurship
  • Retail
  • Bankruptcy
  • Layoffs

Company

  • Home
  • About
  • Editorial Policy
  • Privacy Policy
  • Newsletter
  • Advertise/Sponsorship
X-twitter Facebook Patreon Youtube Google-plus-g

© 2026 FrankNez Media, All Rights Reserved.

X-twitter Facebook-f Google-plus-g Patreon Youtube