Canadian dairy processing giant Saputo has revealed that it will close its Denmark (Wisconsin, USA) cheese manufacturing plant by 1 October.
The plant’s activities will be transferred to the Whitehall (Pennsylvania, USA) cheese facility. Thirty-five employees are affected by this decision, and they will all be offered the possibility of transferring to other plants operated by the company.
Saputo explained that the closure is part of its continual analysis of its activities and the implementation of measures aimed at improving its operational efficiency.
The after-tax costs related to this plant’s closing will be less than C$0.5m (US$0.31m), and the company expects annual after-tax savings of less than C$1m. After this closing, the Cheese Division (USA) will operate 14 plants and employ 1,800 individuals.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData