Krispy Kreme to close Ohio plant, blames low-carb diets

Filed under: Business — Tags: — @ October 8, 2004

Krispy Kreme, which has blamed low-carb dieting for its financial woes, is closing a northeast Ohio doughnut plant.

bq. The company announced Monday that it will close its $4.6 million plant in Ravenna. The plant opened in June 2003 and employs fewer than 75 people. The closing is necessary because too many doughnuts are being made but not sold, Krispy Kreme said. The Ravenna factory, which can fry up to 14,400 doughnuts an hour, is set to close Oct. 16.


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