CSM restructures distribution in North America
CSM is to restructure its North American distribution activities in bakery ingredients. Four BakeMark East distribution centers in the eastern United States - in Buffalo, Saratoga, St Louis and New Orleans - will be divested. The head office of BakeMark East in Schaumburg, Illinois, will be closed. The remaining activities of BakeMark East will be merged with BakeMark West, operating under the name of BakeMark USA from mid-May 2005. This restructuring will lead to significant cost savings. Moreover, the national orientation of BakeMark USA will result in an improved and more efficient approach to the market.
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