Nufarm close manufacturing facility in Canada

Nufarm to close manufacturing facility in Canada

11:47 AM, 30th November 2015
Nufarm to close manufacturing facility in Canada

MELBOURNE, AUSTRALIA: Nufarm Limited said that it has decided to close its manufacturing operations at Calgary in Canada, as part of its plan to build a more responsive, flexible and cost effective structure for the North American region via its facilities in the Chicago area.

Also the transfer of manufacturing activities from Calgary to Chicago Heights, to be implemented over the next nine months, will see approximately 18 full-time and 30 seasonal manufacturing employees affected by the changes. The North American operational changes are expected to be implemented by June next year, with the savings fully realised in Nufarm’s 2017 financial year, the company said.

Sales, marketing and customer-facing operations in Canada will remain, Nufarm said.

“The decision to close the Calgary manufacturing facility is part of the company’s commitment to improve the performance of its operations,” said Elbert Prado, group executive operations, Nufarm.

“We will support and grow our presence regionally through delivery of quality products and services that meet the needs of local farmers. The Canadian market is important for Nufarm and we see significant growth opportunities,” said Brendan Deck, general manager, North America, Nufarm.

“This change is a further step in the company’s ongoing performance improvement programme in which we commit to deliver a net EBIT (earnings before interest and taxes) benefit of $116 million by 2018. We are currently reviewing every part of our business, including our procurement and supply chain,” said Greg Hunt, managing director and CEO, Nufarm.

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