By  on July 22, 2009

Avon Products Inc. said Wednesday it will restructure and eliminate about 1,200 jobs in the next three to four years, putting itself on track for $200 million in annual savings.

Details of the realignment, first outlined in February, include the shutdown of manufacturing facilities in Springdale, Ohio, and Neufahrn, Germany; the streamlining of a facility in Naro-Forminsk, Russia, and more centralized structures for Latin America and the division covering Western Europe, the Middle East and North Africa.

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