PITTSBURGH — Giant Eagle said Tuesday it planned to close a beverage facility in Latrobe, Pa., that it had acquired through a bankruptcy auction in 2007.
The 300,000-square-foot Chestnut Ridge Beverage plant will be shuttered this Friday, the company said. Giant Eagle had acquired the plant through the bankruptcy of its former owner, LeNature's, for a reported $22.3 million.
"As part of ongoing efforts to remain healthy as a company and offer our customers the best possible value, Giant Eagle is committed to maximizing cost efficiencies, reducing overhead costs, and streamlining its supply chain," Giant Eagle said in a prepared statement. "In accordance with this strategy, the company has made the difficult decision to cease operations at its Chestnut Ridge Beverage facility."
The closing will impact 86 positions at the plant, which supplied bottled beverages to the retailer.