Saputo announces initiatives to streamline US manufacturing footprint

SourceSeeking Alpha
Date Published08/03/2022
Author NameJessica Kuruthukulangara
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Saputo Dairy USA
Parent companySaputo Inc.
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2023
Capital investment ($):45
Country(ies) from which reshored:Canada
City reshored to:Reedsburg
State(s) reshored to:WI
If relevant, work nearshored to:-
Industry(ies):Food & Beverage
Product(s) reshoredgoat cheese
What domestic positive factors made reshoring more attractive?Under-utilized capacity
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