P&G (NYSE: PG) closing Cayey, Puerto Rico, Olay plant; moving operations to Greensboro – Greensboro – Triad Business Journal

Procter & Gamble Co. will cut 230 jobs as it closes a manufacturing plant in Puerto Rico, with plans to move operations to the company’s growing Triad facility.

P&G (NYSE: PG) spokesman Jeff LeRoyconfirmed to the Triad Business Journal on Wednesday that the company will close an Olay plant in Cayey, Puerto Rico, over the next nine to 12 months and move its production to the company’s facility here.

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