Spitz closing in Alberta; moving production to the USA

[Klause]

https://amp-realagriculture-com.cdn.ampproject.org/c/s/amp.realagriculture.com/2018/02/pepsico-announces-closure-of-bow-island-spitz-plant/ https://amp-realagriculture-com.cdn.ampproject.org/c/s/amp.realagriculture.com/2018/02/pepsico-announces-closure-of-bow-island-spitz-plant/

[bucket]

Why???

Maybe because of better tax laws in the states.

Betcha the liberal government could care less while handing out millions for supercluster**** funding that will still have the companies involved move to a better tax environment in time.

[Oliver88]

Carbon tax = high costs for everything.
A plant like this in a cold climate will be hit hard with increasing electricity, heating costs due to Nutjobs policies.
Notley also has raised corporate tax rates in AB.
USA is slashing corporate tax rates this year.

This shouldn’t be a surprise.

[blackpowder]

All the above reasons plus labor costs.
Centralizing processing to production area?

[rockpile]

Spitz is now owned by Pepsico so no surprise they are bailing on us. Pepsi is handing over all production to a contract company. One reason they gave was that it's a growing market for the Sptiz brand and Bow Island couldn't meet it. I do know a couple of growers but they had been selling into the export market for a better return. Spitz had a good run here.

[SASKFARMER3]

Canada the new shit hole of the World thank Trudeau.

[farmaholic]

Canada the new shit hole of the World thank Trudeau.

.......it's beginning to sound like Canada is suffering from a case of Saskatchewanitis....the affliction it suffered in the 80's and 90's. (The Brain Drain and labor pool exodus....I never went anywhere, sigh LOL)

[bobofthenorth]

Wasn't there a Spitz plant on the SW corner of Medicine Hat, west of the airport? Is it still there or is it gone too?

[Horse]

Canada the new shit hole of the World thank Trudeau.

I know you are not a large corps, but Mabry you could come home and quit spending our pesos in the mighty USA, every little bit helps. Shop local.

[15444]

Wasn't there a Spitz plant on the SW corner of Medicine Hat, west of the airport? Is it still there or is it gone too?

It was shut down a while ago and the production boosted at Bow Island.