Tata undertakes major restructuring in the US
Tata Tea has started a huge restructuring plan of its US operations to scale down costs and grow revenues in a challenging environment. The company has shut down Tetley's office in Shelton, Connecticut, and is also in process of relocating the administrative, marketing and sales offices of Good Earth Corp, a specialty tea company it purchased in 2005. Tata thereby hopes to take full advantage of economies of scale from a join venture with Harris Tea Company, the largest blender and packer of private label teas in North America.