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McCormick
The McCormick World of Flavors store is shown in the Light Street Pavilion in Baltimore, Md. on Tuesday Jan. 28, 2014. (The Daily Record/Maximilian Franz)

McCormick announces $400 million in cost cuts

McCormick & Co. is cutting $400 million in costs over the next four years, the company announced Wednesday. As part of its cost-cutting measures, the Sparks-based spice giant will be looking at consolidating vendors in the U.S. and abroad, use high-speed equipment and automation and technology. The company also plans to put an emphasis on sustainability ...

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