Canada-based Premium Brands Holdings Corp. announced plans to close its processed meats plant in Toronto, Ontario. The company looked at various options to continue operation of the leased facility, which was built in 1958, but due to its age and location, none were economically feasible.

The Toronto plant currently produces branded and private label processed meats for a variety of retail and foodservice customers. Premium Brands intends to gradually transition a portion of this business to its other production facilities in Ontario beginning in the spring with a final shutdown date scheduled for December. The closure will affect approximately 200 employees.