date:Mar 28, 2014
ons.
The company said it is offering severance and outplacement support to the approximately 180 employees affected.
Related to the rationalizations are plans to add approximately $35 million in new fixed assets in other Saputo plants. The company said it would have spent the same amount in capital expenditures to upgrade the affected sites.
Headquartered in Montreal, Saputo produces, markets and distributes dairy products, including cheese, fluid milk, extended shelf-life milk and cream prod