Post Holdings to close Cobourg and Sparks cereal plants; $63.5M-$67.5M in charges
Post Holdings said it will close its cereal manufacturing facilities in Cobourg, Ontario and Sparks, Nevada, affecting about 300 employees, with closure expected by the end of December 2025. The company expects pre-tax charges of $63.5 million to $67.5 million and annual cost savings of $21 million to $23 million starting in fiscal 2026, citing a need to reduce cereal production capacity as the ready-to-eat cereal category declines.
Key points
- Closure of the Cobourg, Ontario and Sparks, Nevada cereal plants affects about 300 employees; completion expected by end of December 2025.
- Pre-tax charges of $63.5 million to $67.5 million, including $39.5 million of non-cash accelerated depreciation; about $45.5 million falls in fiscal 2025 and $20 million in fiscal 2026.
- Expected annual cost savings of $21 million to $23 million starting fiscal 2026, with $5 million to $7 million in capital expenditures for production transfers.
The filing
Written by AI on Nov 8, 2026, 1:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 09, 2025.
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