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Stock impact report

BlueTriton ceases operations at Canada bottling plant [Yahoo! Finance]

Primo Brands Corporation Class A (PRMB) 
Company Research Source: Yahoo! Finance
A company spokesperson confirmed it had "initiated a public sale process" for its site near the city of Guelph in Ontario. Operations are expected to cease by the end of January. The spokesperson added the move "was a difficult decision" and was "unrelated to our merger with Primo". Just Drinks has asked the Poland Spring water bottler to confirm why the facility is being shut and how many jobs are at risk. According to its website, it formerly bottled water at the Aberfoyle plant near Guelph using water sourced from nearby Erin and Aberfoyle springs. Other factories managed by BlueTriton in Canada include its Hope facility in British Columbia. The spokesperson added: "We will continue to serve our customers through this transition period and will continue to have operations in Canada in our Hope facility, which will serve our business in the Western provinces as well as some of our US Pacific Northwest business.” BlueTriton and Primo Water announced plans to join force Show less Read more
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