The Company expects to cease production at its Toronto, Ontario facility by 5 March 2014 affecting a total of 120 production and production support employees, or approximately 2% of its total workforce, whose positions will be eliminated.
“As we continue to grow, we also are assessing the effectiveness of our manufacturing, distribution and logistics network across our US and Canadian locations,” said Brian P Kelley, president and CEO of GMCR. “We have expanded the footprint of our Montreal facility more than 40% this fiscal year. After careful analysis of facility-specific operational costs and the Toronto facility’s inability to expand to accommodate future growth, it was clear that consolidating our Canadian-based production to our Montreal facility is the right business decision to support our strong and growing presence in Canada.
“We recognise the impact that this action has on our employees and their families and intend to support them through the transition process.”
Source: Green Mountain Coffee Roasters
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