Grupo Bimbo is making a few changes with the announced closing of its 30,000-square-foot North Bay, Ontario-based Canada Bread facility.
This is the second Canada Bread plant the company has closed since acquiring the brand in 2014 from majority owner Maple Leaf Foods.
“Our industry is under mounting competitive pressure to become more efficient and this means we have to make very difficult decisions,” said Jennifer Park, Vice President of Operations for Canada Bread, stated in a press release. “While this is the business reality, it is hard to make the necessary changes, particularly in a community where we have such a strong presence. We are doing everything possible to ease the impact on our people.”
According to the company, upwards of 60 employees currently at the factory will receive severance packages, as well as be encouraged to seek employment at alternative Canada Bread facilities.
It noted that while the official close date is August 5th of this year, the company will be gradually shutting down operations at the facility leading up to that date, which currently produces buns, rolls, and sliced breads.
Currently, Grupo Bimbo has operates 19 bakeries under a number of brands, including:
The Mexico-based company employs about 4,500 workers across Canada, working with more than 1,150 independent operators and some corporate associates.
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