Kellogg’s Has Officially Split; What Does This Mean for Battle Creek?
On June 21st of 2022, Kellogg's made an incredible announcement that would completely reshape the entire company, and split operations three ways. At the time, we weren't sure when, exactly, it would happen, and what it would look like afterward.
Well, the time has come, and we have a pretty good picture of how operations will continue moving forward, AND, what it means for the community of Battle Creek, where Kellogg's has been headquartered since 1906.
The Company Split
Kellogg's announced that it would be splitting into three different branches under the same "Kellogg's" umbrella: Global Snacking Co.; North American Cereal Co.; and Plant Co.
Not long after that announcement, the company made a few alterations, and repositioned to only splitting into two separate companies. At 12:01 a.m., Oct. 3rd, the split was official, and the Kellanova Company was born.
The CEO of the newly formed Kellanova Co., Steve Cahillane, says this has now taken the company into a new era.
"We are starting from a position of strength that is rooted in a century-old legacy as we embark on a journey to achieve our vision of becoming the world's best performing snacks-led powerhouse."
The other branch of the company, now named WK Kellogg Co., began regular trading on the New York Stock Exchange under the symbol "KLG," While Kellanova continues to trade under the "K" symbol.
What does this mean for Battle Creek?
WK Kellogg Co. will remain in Battle Creek, while Kellanova Co. will begin its time in Chicago as its new headquarters. WK Kellogg Co. will continue to produce the majority of Kellogg's cereal products, and shouldn't see any major job shifts.
The only major change is, snack production, such as Pringles, Pop-Tarts, MorningStar Farms products, and other items in the snacking genre will move to their operations in Chicago.
So rest easy Battle Creek, you'll still be Cereal City.
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