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(Saputo Cheese USA video screengrab via YouTube)
Dairy cattle, Livestock, Markets

Saputo to consolidate U.S. cheesemaking, shut three plants

Plans include one new plant, one repurposed

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The Canadian company ranked among the three biggest cheesemakers in the U.S. is preparing to consolidate five of its cheese plants in that country down to two. Montreal-based Saputo announced last Thursday it has construction underway on a new $240 million cut-and-wrap cheese plant in the Milwaukee suburb of Franklin, to be up and running
Video screengrab of Michael Palin (l) and John Cleese in the Cheese Shop sketch on Monty Python’s Flying Circus in 1972.
Dairy cattle, Livestock

Saputo to buy British cheesemaker Wensleydale

Canadian dairy firm expands U.K. assets

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One of the world’s largest dairy processors is set to expand its reach further into the U.K. with a deal for the maker of Yorkshire Wensleydale cheese. Montreal-based Saputo announced Monday it has an all-cash deal in place to buy Wensleydale Dairy Products Ltd. for 23 million pounds (about C$39.7 million). Pending U.K. regulatory approvals,
(Saputo video screengrab via YouTube)
Dairy cattle, Livestock

Saputo to shut two dairy plants in East

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Canadian dairy processing giant Saputo, in a move it describes as “right-sizing” its manufacturing footprint, plans to close two of its plants in Eastern Canada within a year. Montreal-based Saputo said Thursday it will close the former Riverside Cheese and Butter plant at Trenton, Ont. this September and its Baxter dairy plant at Saint John,
(Toa55/iStock/Getty Images)
Dairy cattle, Livestock

Canadian dairies get significant control over imports under TPP

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Toronto | Reuters — Canada will give local dairy processors significant control over imports under a new trade deal with Pacific countries that opens the sheltered industry to further competition, according to a notice published by the federal government, which drew criticism from Canadian retailers. New quotas created by the Comprehensive and Progressive Agreement for
(Video screengrab from Saputo.com)
Dairy cattle, Livestock

Saputo urges end to contentious Class 7 system

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Winnipeg | Reuters –– Saputo, one of Canada’s largest dairies, supports ending a domestic milk ingredient pricing system that has angered the United States, CEO Lino Saputo Jr. said on Monday, showing a rare crack in solidarity among processors and the country’s dairy farmers. The Class 7 pricing agreement, struck in 2016 between Canadian dairy
(MGC.com.au)
Dairy cattle, Livestock

Australia clears Saputo’s Murray Goulburn takeover

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Reuters — Australia’s competition regulator on Wednesday approved a planned $1 billion takeover of the country’s largest dairy processor, Murray Goulburn Co-operative, by Canada’s Saputo. The deal, which Australia’s largest dairy processor says is key to its survival, was approved after Saputo agreed to sell a milk plant in Victoria state to address concerns from

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