Heinz in Canada / 250 workers would keep their jobs consortium with an agreement to buy

H.J. Heinz Co. reached a deal to sell a factory in Canada that the Pittsburgh company planned to close in restructuring North American operations.

Photo credit: Wikipedia

Heinz said on Thursday that Highbury Canco Corp., a Toronto-based consortium of investors including the plant’s manager, agreed to buy the Leamington, Ontario, plant and become a contract manufacturer for some Heinz products produced there. Terms of the deal were not disclosed.

When the deal closes, 250 workers would keep their jobs at the plant, Highbury Canco said in a statement. Heinz employs 740 people in Leamington, known as the tomato capital of Canada.

via Heinz to sell Canadian plant slated to close, jobs saved | TribLIVE.

Related articles

• Heinz / To Cut 1,350 Jobs, Close Three Plants
• (Update) Heinz / Layoffs in Canada and US