Kellogg’s Shares Slip as Cereal-Plant Workers Go on Strike (2)

Kellogg Co.’s shares slipped as workers at its U.S. cereal plants went on strike, the latest move by unions to seize upon a nationwide labor shortage to press their case for higher pay and improved benefits.

The strike was called by about 1,400 workers at plants in Omaha, Nebraska; Battle Creek, Michigan; Lancaster, Pennsylvania; and Memphis, Tennessee. Those locations produce cereals including Rice Krispies, Raisin Bran, Froot Loops, Corn Flakes and Frosted Flakes.

Kellogg is threatening “to send additional jobs to Mexico if workers do not accept outrageous proposals that take away protections that workers have had for decades,” ...