Question: BACKGROUND: SAPUTO INC. ( same information as Project # 1 ) In September 1 9 5 4 , using $ 5 0 0 to buy

BACKGROUND: SAPUTO INC. (same information as Project #1)
In September 1954, using $500 to buy some basic equipment and a bicycle for deliveries, the Saputo family founded the company in Montreal bearing their name. Today, Saputo produces, markets, and distributes a range of food products, including cheese, milk, yogurt, and dairy ingredients. Saputo is the largest dairy processor in Canada, and is among the 10 largest in the world, including the largest in Australia, the second-largest in Argentina, and among the top three cheese producers in the United States. With 67 manufacturing facilities, 70 distribution centres, and approximately 18,600 employees around the world, Saputos products are sold in more than 60 countries. The company processes approximately 11 billion litres of raw milk per year, and remains focused on being better and stronger through optimization of its activities, product innovation, and acquisitions.

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