Snyder's-Lance Inc. announced plans to close its bakery facility in Cambridge, Ontario effective May 17, 2013.
Snyder's-Lance conducted a comprehensive review of current manufacturing facilitates including capacity, capabilities and distribution costs to key markets. Based on that review, management has decided to close the Cambridge facility in order to reduce operating costs while consolidating production into other existing manufacturing sites.
The company is providing impacted associates with severance and outplacement benefits as well as the opportunity to be considered for jobs that may exist in other Snyder's-Lance facilities.
