For Release: Immediate
Contact: Larry Schultz
920/748-3151, Ext. 201
RALCORP HOLDINGS, INC. REACHED ACCORD
WITH RIPON EMPLOYEES
ST. LOUIS, MO, AUGUST 3, 2000 Ralcorp Holdings, Inc. (NYSE:RAH) announced that
the striking employees at Ripon Foods' cookie plant in Ripon, Wisconsin today
ratified a three-year agreement which ends a labor strike that began on August
2. [The Ripon facility is operated as part of the Bremner cracker and cookie
division.] The contract was approved by employees who are members of Local 91,
Union of Needletrades, Industrial and Textile Employees (UNITE).
"We are pleased with the outcome of today's vote," said Larry Schultz, Director
of Operations of the Ripon facility. "I want to congratulate both the Company
and Union negotiating committees, who worked very hard to come to an agreement
that is mutually beneficial to both the Company and the employees. We believe
this agreement addresses the needs of our employees as well as what the Company
needs to operate successfully in an extremely competitive marketplace."
Ripon plans to resume production beginning at 3:00 p.m. today.
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