Post to close Ontario plant due to declining demand for RTE cereals
Post Holdings plans to close its cereal manufacturing facilities in Cobourg, Ont., and Sparks, Nev., by the end of this year.
The two facilities together employ approximately 300 employees. Production capabilities at the facilities will be transferred to other manufacturing locations.
Post consumer brands president and CEO Nicolas Catoggio said, “The ready-to-eat cereal category continues to decline. To respond to this, we are reducing excess manufacturing capacity and optimizing our North American plant network to better utilize our production capacity.”
The Cobourg facility has been part of Post since July 2017, when the company acquired Weetabix. The Sparks facility has been part of the business since June 2021, when Post acquired Treehouse Foods’ ready-to-eat cereal business.
Source: www.foodincanada.com