Red Lake Nation News - Babaamaajimowinan (Telling of news in different places)

General Mills, other major food companies, to see fruits of cost-cutting programs this year


February 13, 2017

The nation’s largest packaged-food companies, including General Mills, should see strong cash flows this year as cost-cutting programs finally pay off, ratings agency Moody’s said in a new report.

Food manufacturers have seen their sales slowly drop over the last several years as consumers increasingly shun processed and packaged foods in favor of fresher foods.


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