Mars Inc is to shut its Wrigley gum factory in Toronto, a move which sees 383 jobs placed at risk.
In an statement, the firm said the decision was being made as part of “a supply chain reorganisation in North America”.
Go deeper with GlobalData
“Despite recent improvements in the gum category and increased productivity in our supply chain network, it has not been enough to offset declines in the gum category over recent years,” it added.
Mars said 80% of the factory’s volume was produced for the US market and the company’s “long-term needs” would be “best met” by two facilities in the US. Production from the Toronto plant will be shifted to the Gainesville, Georgia plant.
The Toronto factory is due to close in March 2016.
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
