WATERBURY, Vt. (AP) — Green Mountain Coffee Roasters Inc. said Thursday that it will cease production at its facility in Toronto and cut 120 jobs as it consolidates its Canadian production in Montreal.
The Waterbury, Vt., company said it will move all of its Canadian coffee and portion-pack production to its facility in Montreal. It plans to end its operations in Toronto by March 5.
The move will eliminate 120 production and production-support jobs, or about 2 percent of Green Mountain's total workforce. The company employed about 6,250 people as of the end of June.
Green Mountain said that the Toronto facility wasn't able to expand to accommodate future growth and the Montreal facility has recently expanded.
The company, which is known for its Keurig single-serve brewing system, said that as it grows, the company will assess the effectiveness of its manufacturing, distribution and logistics network across all of its U.S. and Canadian locations.
Green Mountain said it will take a one-time charge in the fourth quarter tied to the move but expects it will immaterial to its full 2013 fiscal year results.