Bacardi to close Brampton facility, killing 51 jobs, after receiving 350K from Ontario tax payers last year

Bacardi Canada to close and sell Brampton facility, eliminating 51 jobs

“Bacardi carefully considered all other options before making this decision, which was necessary due to the changing business environment over many years in Canada and the importance of increasing efficiency to ensure the company’s future competitiveness,” said the statement.

Meanwhile, the announcement of the closure comes less than a year after Bacardi Canada was awarded a government grant worth hundreds of thousands of dollars to support the plant’s operations. Last May, Jeff Leal – Ontario’s Minister of Agriculture, Food and Rural Affairs – announced that $350,000 was earmarked for the company through the federal/provincial program Growing Forward 2.

“Having Bacardi Canada’s bottling operation anchored in our province sends a clear signal to domestic and foreign markets that Ontario is a prime location where food and beverage processing companies can invest, expand and be successful,” Leal said at the time.

So what was the 350K used for? A study that determined they couldn’t be competitive in Ontario?

h/t RM