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Niala Boodhoo · Midwest Memo: Sara Lee Selling Dough; Allstate Hiring in Ohio and Detroit-Windsor Bridge
August 9th, 2011
Good morning! Three must-reads from around the Midwest region today:
Sara Lee sells its dough business. Downers Grove, Illinois-based Sara Lee Corp. is selling its North American refrigerated dough business to Ralcorp Holdings Inc. for $545 million, the Associated Press reports. The company said in May it wanted to start a process of splitting in two.
Allstate hiring in Ohio. The insurer, the fourth-largest in Ohio, is ramping up its workforce in Cincinnati, Cleveland, Columbus, Dayton, Toledo and Youngstown, according to the Youngstown Business Journal. The company said it sees a “significant” opportunity in this economy to expand, adding it wants to appoint 50 new insurance agency owners and hire more than 175 licensed sales professionals across Ohio this year.
