Montgomery Plant Closing

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Three-hundred and sixty-five workers will soon lose their jobs after their employer, ConAgra Foodservice announced it will cease operations at its 11-year-old Montgomery plant in early May.

The Nebraska-based company informed workers yesterday that the meat processing plant on the city's westside will shut down on May 6.

The closure announcement came hours after the company announced that it would have to restate its financial results for 2004 and the first half of fiscal 2005 because of income tax errors that could cost one of the nation's largest food companies up to $200 dollars.

ConAgra said all Montgomery employees will be paid and receive benefits through May 28.

The company warned last month that its earnings would be down because of production problems and increased costs.