the son of german immigrants heinz sold horseradish jam meat pickles condiments and catch up with. a puritan who was obsessed with hygiene heintz used clear glass for his bottles use this pledge of transparency and quality helped him gain the confidence of consumers. want as a capitalist i mean it was a he was a pure terror real was all about. money and marketing treated his people well but generally saw was he wanted to make money. in twenty thirteen the heintz company was bought by warren buffett for twenty three billion dollars. it was the largest takeover in the history of the ip food industry.
and. the arrival of the billionaire entrepreneur was not good news for heintz employees. certified in the uk it s the end of an era in let me turn after more than one hundred years the heinz plant has sold at century old factory today hundreds of heinz employees are now out of a job. i met with some of the people who were laid off after the takeover. in leamington a town with a population of twenty eight thousand nearly one thousand people lost their jobs and the catch up giant decided to close its largest planted in north america. a year later. half a still lot employed that s the twenty year service award that you got the times
close it so anything that they come up with a union can go back and say well here s a here s a money saver right here to back we re going to close. the plant produced a one hundred percent canadian tomato juice and catch up. it may sound surprising but in southern canada the climate is ideal for growing tomatoes. since one thousand and nine heinz offered work for generations of local families. since acquiring heintz warren buffett has close to five plants and cut seven thousand four hundred jobs about a quarter of the company s workforce. while factories are closing