Rise Baking Company is shutting down its Mexico operation.
The announcement came last week with little detail, other than some employees considered essential to the transition would be kept on …
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Rise Baking Company is shutting down its Mexico operation.
The announcement came last week with little detail, other than some employees considered essential to the transition would be kept on until the Sept. 30 closing date. As recently as the last week in July, the facility was advertising to fill machine operator positions.
Dawn Foods, which occupied the facility on the southern edge of the city, was purchased by Minneapolis, Minnesota-based Rise in 2020. The company produces cakes, dessert bars, breads and other baked goods.
Rise employed about 100 people at the Mexico location.
Posts on the employment website Indeed.com allege that the quality of management changed with the transaction. In December of 2020 a person wrote "Dawn Foods at least cared about their employees. Rise just keeps overloading the workers to the point of exhaustion and don't care."
Rise joined the private equity firm Olympus Partners' umbrella in 2018. Olympus acquired Rise from Arbor Investments, another private equity company.