CSM Concentrates US Production

The production of the Lancaster (NY)-based facility of subsidiary H.C. Brill Company will be transferred to other CSM Bakery Supplies North America facilities in a phased schedule in order to ensure uninterrupted supply and service to all customers.

10/07/07 CSM has announced that it will further concentrate its production in the US. The production of the Lancaster (NY)-based facility of subsidiary H.C. Brill Company will be transferred to other CSM Bakery Supplies North America facilities in a phased schedule in order to ensure uninterrupted supply and service to all customers.

The operation, which is expected to be completed by the 4th quarter of 2008, is part of the company’s efficiency improvement program and the ongoing optimization of CSM’s supply chain.

The H.C. Brill Company production facility employs 120 employees in the manufacturing of icings, fillings, and other bakery ingredients.

Last week CSM reported that it has sold the customer base for its small-scale gluconic acid business (gluconic acid, sodium gluconate, and glucona delta lactone) of its subsidiary PURAC America in the USA to Fuso Chemical. The selling price excluding inventories amounted to approx. USD 2.5 million.