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Saputo Inc(SAP-T)

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Saputo Announces Significant Capital Investment Plan to Optimize and Enhance its Manufacturing Footprint

Globe Newswire - Tue Feb 8, 3:30PM CST

All amounts in this news release are in Canadian dollars (CDN).

MONTREAL, Feb. 08, 2022 (GLOBE NEWSWIRE) -- As part of the Optimize and Enhance Operations pillar of the Company’s Global Strategic Plan, Saputo Inc. (we, Saputo or the Company) (TSX: SAP) announces today several major capital investments and consolidation initiatives intended to enhance and streamline its manufacturing footprint in its USA Sector and International Sector. These planned activities are consistent with the previously announced Global Strategic Plan designed to create shared value for all stakeholders.