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In its trading statement today, Greencore said that fresh production at Rhode Island factory, which represented about 4% of its US manufacturing footprint, will stop on March 25.

The factory will be retained for potential repurposing, Greencore added.

(NYSE: GM) today said it projects strong earnings in 2018, building on expected record 2017 EPS diluted-adjusted and previous record earnings in 20.

GM forecasts its 2018 results to be largely in line with expected 2017 results, benefiting from continued strength in North America and China, improvement in South America, additional growth in its adjacent businesses including GM Financial, and continued cost efficiencies.

“GM had a very good 2017 as we continued to transform our company to be more focused, resilient and profitable,” GM Chairman and CEO Mary Barra said.

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