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Kraft to create Oscar Mayer unit

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From Times Wire Services

Kraft Foods Inc. plans to turn Oscar Mayer meats into a separate business unit as part of a change that the largest North American food company hopes will make all of its businesses more accountable.

The overhaul of reporting lines will break Kraft’s five North American business sectors into eight business units, a spokeswoman said.

The restructuring is planned for early next year.

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