March 8/The Toronto Star -- Saputo Inc. is closing two Canadian dairy division plants, eliminating 144 jobs, while planning to invest $10 million in automation at other plants in its Canadian division during the coming year.

The cheese and snack maker said costs linked with the closures will be about $1.5 million after tax, while savings are expected to be $3 million in the coming financial year and $4.8 million in the future.
From the March 13, 2007, Prepared Foods e-Flash