About one million boxes of cereals including Corn Flakes, Rice Krispies, and Coco Pops are made there every day.
Chris Silcock, UK managing director, said the closure was “nothing to do with the outstanding people” who work there.
“However, we remain clear there isn’t a long-term future for the site”, he said.
“It’s laid out in a way that made sense in the 1930s, with food travelling up and down six floors in a legacy manufacturing process.
“What’s more, we only use half the space in the buildings and the investment required to maintain the factory in the coming years is simply not viable.”
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