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Montreal dryer maker plant to close

Published by Steve Coleman on January 26, 2012

The high Canadian dollar and a slow US economy turned out to be the final straw for a Montreal dryer manufacturing plant.

Management at Mabe Canada's Montreal plant say 740 jobs will be disappear as the company closes the plant by the end of 2014.

The factory transferred about 30 per cent of its workforce to Mexico in 2009, leaving 510 workers still at the plant and about 200 others who are still technically employed but have been laid off.

Company officials say the jobs are moving to Mexico and the United States. An estimated 90 per cent of the dryers built at the facility were sold in the US. The combination of a high Canadian dollar and a slow American economy decreased profits.

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