Premium Brands Holdings Consolidating 3 Specialty Food Production Facilities
Premium Brands Holdings Corporation announced in their second quarter financial results that they plan to consolidate three Ontario specialty food production facilities totaling 65,000 square feet into a new facility. This new facility, located in Brampton, Ontario, will be 109,000 square feet.
The news comes as the company celebrates a successful second quarter, with revenue hitting $1.63 billion, which represents a 7.3% or $111.0 million increase compared to Q2 2022. Premium Brands Holdings’ Specialty Foods segment played a big role in this record second quarter revenue, with the...
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