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News 2026-10-06 11:06 UTC

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