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Cargill Closing Toronto Facility, Laying off 690

Cargill is closing its Toronto Case Ready facility by spring 2011, laying off 690 workers. The food processor will consolidate operations in its Guelph, Ontario, facility, where it will invest in an expansion that will create up to 200 jobs.

"The decision to discontinue operations at the Toronto facility was very difficult, however, it was made knowing we had the ability to optimize our supply chain and provide real and enhanced value through leveraging our existing operations in Guelph. This realignment is all about our long-term commitment to being the partner of choice. It was driven in part by our attention to efficiency and our clear understanding of our customers' evolving need for increased value," said Jason Kuan, vice president and general manager for Case Ready Canada.

Cargill said it will help laid off employees transition into new jobs and offer personal and family support. It will also assist those employees who are ready to transition into retirement.

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