Pine River Cheese Closing After 134 years

After 134 years the Pine River Cheese and Butter Co-operative near Kincardine is winding down operations, putting 25 employees out of work.

The board of the farmer-owned co-operative made the decision Friday to cease operations, with production slated to end later this month and sales expected to wrap up by the end of the year.

Co-operative CEO Ulrike Prehn said on Monday that the co-op’s board of directors and shareholders made the decision to cease operations due to loss of market share and rising product costs that resulted in low product margins and hampered their ability to remain competitive.

To read the rest of the story, please go to: Sun Times