J. M. Smucker Closing Two Facilities in Ontario, Canada
09/29/2010
The company attributed the decision to cost-cutting measures. Smucker predicts it will save $8 million each year as a result.
Smucker will transfer the work of the two facilities to third-party producers in the United States and a Smucker facility in Ripon, Wisconsin. In March, Smucker announced that it planned to shut down four facilities, eliminate 700 jobs, and thus save $60 million each year.
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