KIK Custom Products, a Canadian company, announced yesterday that it will close its Cumberland plant, which employs 400 people, sometime this year.

The company has not picked an exact date for the closing, but is targeting October, according to spokeswoman Kerry Morgan.

Many of the workers will lose their jobs in the closing, she said, but “there will be some opportunities at other facilities.”

The Cumberland plant runs three shifts.

The announcement came on the heels of a state report last week that showed that Rhode Island lost 1,200 jobs in February and that payrolls shrank to their lowest level in nearly four years. That brought total job losses to 2,900 for the first two months of this year, following a total loss of 5,200 last year. Over the last 12 months, manufacturing has taken the biggest hit, shedding 2,400 jobs, according to state figures.

KIK, headquartered in Concord, Ontario, just outside Toronto, makes over-the-counter medical, pharmaceutical and personal-care products, which are sold under other companies’ brands. Its customers include national-brand manufacturers, such as Procter & Gamble and Gillette, and national retailers, such as Wal-Mart and Target.

The Cumberland operation primarily focuses on personal-care products for national-brand manufacturers, Morgan said.

She said the plant is being closed “to consolidate our capacity across the system” and “to get closer to our customers and distribution centers.” The company, which owns the Cumberland facility, has not decided how it will dispose of the property after manufacturing operations cease and equipment is dismantled.

The company currently has 23 factories and 4 distribution centers throughout North America. It also announced yesterday that it will close a small facility with 15 employees near Minneapolis, Minn. That closing is slated for mid-April.

KIK was formed in 1995, became an income trust in 2002, and was acquired by private equity firm Caxton-Iseman in 2007. It bought the Cumberland facility in May 2005 from competitor CCL Industries.

pparker@projo.com