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      Post Foods to invest $30M in Battle Creek plant

      Post announced a $30 million investment in Battle Creek.

      Cereal maker Post Foods says it plans to invest $30 million in a West Michigan facility, creating 92 jobs.

      The company made the announcement Wednesday. The plan includes closing a plant in California.

      The company could be in line for property tax abatement in Battle Creek. The Michigan Strategic Fund has awarded a $700,000 business development grant.

      Post Foods was founded in Battle Creek in the 1890s. Its cereal brands include Honey Bunches of Oats and Grape-Nuts.

      The company is headquartered in Brentwood, Missouri and has manufacturing facilities in Arkansas and Niagara Falls, Ontario, Canada.

      Post had been owned by St. Louis-based Ralcorp Holdings Inc., but the store-brand food maker spun Post off last year to focus on its core business.