Cereal Maker Post Says It’s Struggling to Find Enough Workers
- Labor shortage affecting southern and midwestern plants
- CEO says automation investments may help boost productivity
Photographer: Chris Goodney/Bloomberg
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Breakfast cereal maker Post Holdings Inc. is grappling with production delays as it struggles to hire at some of its U.S. plants.
The maker of Grape-Nuts and Honey Bunches of Oats expects the labor squeeze to continue through the summer before beginning to ease around September, Chief Executive Officer Robert Vitale said Friday on a conference call to discuss quarterly results. Some of the effects are “too severe to manage through,” he said.