Supremex targets C$5.7 million cost savings with restructuring

Supremex Inc. launched a restructuring plan to protect profitability amid tariffs, targeting C$5.7 million in annualized cost savings. The plan cuts about 60 roles, or 6% of the workforce, with benefits starting in Q4 2026 and full run-rate in Q1 2027. Envelope operations will be consolidated, and folding carton output will shift, reducing facility footprint and fixed expenses. A restructuring charge of about C$1.8 million before taxes is expected in Q4 2026.