
© Reuters. FILE PHOTO: Boxes of Kellogg’s cereal are stacked in a supermarket in New York in this April 29, 2008 . REUTERS/Lucas Jackson
2/2
(Reuters) -Kellogg Co said on Thursday the union representing striking workers at its four cereal plants in the United States did not allow a vote on the company’s revised offer for a new contract.
The revised offer was set to expire Thursday midnight and the company said no further negotiations were scheduled.
About 1,400 workers across the four cereal plants have been on strike since Oct.5, and the company has warned of a hit to earnings if it prolongs.
Kellogg (NYSE:) had demanded that workers give up quality health care, retirement benefits, and holiday and vacation pay, the Bakery, Confectionery, Tobacco Workers and Grain Millers (BCTGM) International Union, had said at the start of the strike.
BCTGM was not immediately available for comment.
The company said https://kelloggsnegotiations.com operations would continue at the four plants with the help of hourly and salaried employees and third-party resources.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.