Campbell Soup Co. is closing its lone Canadian factory in Toronto and shifting production to three existing facilities in the U.S., a symbolic victory for efforts to bolster domestic manufacturing.
The move will result in 380 job cuts in Canada, with factories in North Carolina, Ohio and Texas picking up the slack, Campbell said on Jan. 24.
But it won’t translate to many new U.S. jobs. Existing workers will handle the increased soup volume, meaning employment gains will be “minimal,” according to Thomas Hushen, a company spokesman.
