740 jobs to be lost in shut down of Heinz factory in Ontario

H.J Heinz Company has recently decided to to shut down three factories, cutting roughly 1350 jobs. One of the plants shutting down is in Leamington, Ontario a factory that has been running for over 100 years. The factory shut down will take away 740 jobs from the small southern Ontario town. The decision comes from Heinz’s new owners Berkshire Hathaway Inc. (Warren Buffet) and global investment fun 3G Capital, which bought Heinz for $28 billion June. 

The factory shut down really is the classic, long time blue collar “I heard they’re shutting the mill down”. It’ll probably come as much of a blow to the historical-emotional side of it’s workers as well as the fact that they’ll be out of work. However two other plants in St. Mary’s, Ontario and Toronto will benefit by adding 470 jobs to their workforce.

http://www.theglobeandmail.com/report-on-business/heinz-to-close-ontario-plant-cut-800-jobs/article15442338/

Leave a Reply

Your email address will not be published. Required fields are marked *