Saputo to close two Canadian facilities
Closures of dairy processing plants will put 180 employees out of work
Montreal, Que. – Saputo Inc. has announced that it will close four of its dairy processing plants, two in Canada and two in the U.S.
The company says the closures are part of its “continual analysis of its overall activities,” and are aimed at improving operational efficiency. Production from each of these plants will move to other Saputo facilities.
The four facilities scheduled for closure are in Wetaskiwin, Alta., Glenwood, Alta., New London, Wis., and Hancock, Md. The company says the first plant will be shuttered in May 2014, and the last will close in December 2015. In total approximately 180 employees will be affected.
Saputo also announced that it will add roughly $35 million in new fixed assets to its other facilities, an amount it says would have been necessary to upgrade the plants scheduled for closure.
Saputo is Canada’s largest dairy producer, and one of the top 10 dairy processors in the world.