The Campbell Soup Company's longtime Toronto manufacturing plant will close down within the next 18 months. The company says the Toronto closure is necessary to improve its operational efficiency, citing a challenging retail environment that has seen volume declines of canned soup in North America. Campbell says it will move its current Canadian headquarters and commercial operations at the Toronto facility to a new location in the Greater Toronto Area, which will feature a new food innovation centre. The company says the Toronto closure is necessary to improve its operational efficiency, citing a challenging retail environment that has seen volume declines of canned soup in North America. (CBC)It says about 200 jobs out of the nearly 600 positions at the Toronto facility will be relocated to the new headquarters.

Source: CBC News January 24, 2018 19:55 UTC