Pennsylvania Oreo Plant

Floor Speech

BREAK IN TRANSCRIPT

Mr. BRENDAN F. BOYLE of Pennsylvania. Mr. Speaker, last week, many of us were proudly waving our flag, celebrating the Fourth of July, and also rooting on the successful women's soccer team in winning the World Cup.

Unfortunately, at the very same time we were doing that, displaying our patriotism, the company that makes Oreo cookies and Ritz crackers, two very well-known American brands, decided that, for the first time in 60 years, they would close their legendary Philadelphia plant in the heart of my district, laying off over 300 workers because they are shipping the jobs to Monterrey, Mexico.

Now, keep in mind, this is a company, Mondelez, that is in no way in financial disarray. In fact, their revenues last year topped $50 billion. This plant that was closed is profitable, but not profitable enough.

But there is good news. I do congratulate their CEO, Ms. Irene Rosenfeld, who got a 50 percent pay increase in the last few months at the same very time over 300 workers from my district were getting laid off.

Mr. Speaker, it is not right. Say ``no'' to Oreo.

BREAK IN TRANSCRIPT

Source