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Jean Caby Closes Plant

by 5m Editor
24 September 2008, at 8:09am

FRANCE - Jean Caby, manufacturer of cooked pork products and subsidary of French food group, Aoste, has announced its plan to shut down its factory in Saint-Priest-en-Jarez in the Loire department, before next summer.

Some of the factory's 341 employees will be offered the possibility of redeployment to another site owned by Aoste, a subsidiary of US group Smithfield Foods, while the local authorities have promised to implement a plan to regenerate employment in the region, which is designed to help those made redundant due to the closure.

Having already carried out a large-scale restructuring, Aoste said it was forced to close the Jean Caby site in response to growing competition on the cooked pork products market due to the arrival of new players in the sector, and rising production costs.

5m Editor