Premium Brands Holdings Corp. is closing
its processed meat plant in Toronto in December, a move that will affect about
200 workers.
The company said the workers will
receive severance packages and have access to counseling and outplacement
services and workshops.
The plant produces branded and private
label processed meat.
Premium Brands said it looked at a
number of options, but none was economically feasible for the plant, which was
built in 1958.
The company plans to gradually move work
done at the Toronto plant to other facilities in Ontario starting in the
spring, with the final shutdown in December.
The company bought Piller’s Meats and
Delicatessens Ltd. of Waterloo in 2011.
