CANADA/USA: Saputo to close US cheese plant
Canadian dairy processor Saputo has announced that it is to close its cheese and by-product manufacturing plant in Whitehall, PA, in the US.
The plant will first cease to produce cheese on 29 October 2005, and then will end by-product production at the latest by March 2006. All the activities of the Whitehall plant will be integrated into those of other Saputo facilities.
In all, 115 employees will be affected, of whom 85 will cease work on 29 October 2005. Some employees will be given the opportunity to transfer to other company plants.
After tax, costs connected with the closure will be approximately US$1.6m. The company expects annual after tax savings of about US$3m.
"This decision stems from a continuous analysis of the company's activities as a whole and the implementation of measures aimed primarily at improving the company's operational efficiency," Saputo said.
Dairy company Saputo has announced three new appointments among its senior management, following the decision of Randy Williamson, currently president and chief operating officer of the Dairy Products...
Canadian cheese maker Saputo has said earnings slid 1.3% for the second quarter, despite higher sales....
Canadian dairy products company Saputo has announced the closure of its cheese manufacturing plant in Harrowsmith, Ontario, Canada....
Dairy company Saputo has reported lower sales and earnings for its first quarter ended 30 June 2005, hit by a weak US cheese market and the appreciation of the Canadian dollar....
Dairy company Saputo has announced higher sales and earnings for the year ended 31 March 2005, driven by increased volume in Canada and despite lower earnings in the US....
Canadian dairy company Saputo has completed the acquisition of the activities of Schneider Cheese, a US company that manufactures and sells string cheeses and cheese sticks under the Schneider brand n...
Canadian dairy products company Saputo has announced the closure of the cheese manufacturing plant in Saint Boniface, Quebec....
Canadian dairy products company Saputo has agreed to acquire the activities of Schneider Cheese Inc a US company that manufactures and sells string cheeses and cheese sticks under the Schneider brand ...
- General Mills sales woes continue - analysis
- Comment: Meal kits in US - don't believe the hype
- Why personalisation will take-off in US food
- US food next wave on display at Winter Fancy Food
- Analysis: Chocolate sector's deforestation pledge
- UK own-label firm Park Cakes sold in MBO
- Kraft Heinz cuts jobs in US, Canada
- Immigration crackdown "risk" for US dairy industry
- Fonterra cuts earnings forecast
- Unilever invests in Dutch meat substitute project