Ontario Agriculture

The network for agriculture in Ontario, Canada

Maple Leaf Launches Sale Process for Burlington Pork Plant....Any Speculation on Buyers? Thoughts?

Maple Leaf launches sale process for Burlington, Ontario, pork processing business

TORONTO, May 25, 2010 /PRNewswire via COMTEX/ --Maple Leaf Foods (MFI: TSX) today announced that it is launching a formal sale process for its Ontario pork processing business located in Burlington, Ontario, following renewed interest from potential purchasers and improved economic conditions and credit markets. The Company has engaged financial advisors to support the sale process.

 

"The sale of the Burlington business will complete the last phase of Maple Leaf's protein transformation journey and supports our commitment to refocus our growth in the value-added meat, meals and bakery business," said Michael Vels, Chief Financial Officer. "We are reinvigorating the sale process following renewed interest, including the potential of completing a sale to a producer group."

 

The 365,000 square foot Burlington facility is one of the largest and most efficient pork processing facilities in Canada. Together with its management and sales teams it is a profitable business with a highly skilled workforce.

Maple Leaf Foods Inc. is a leading Canadian food processing company headquartered in Toronto, Canada. The Company employs approximately 23,500 people at its operations across Canada and in the United States, Europe and Asia. The Company had sales of $5.2 billion in 2009.

 

SOURCE Maple Leaf Foods Inc.

Views: 213

▶ Reply to This

Replies to This Discussion

Permalink Reply by John Schwartzentruber on May 26, 2010 at 10:45am
Speculation? A consortium of feed millers and a trucking co. to name a couple of the probable suspects. Purely on speculation, but you asked . . .
Permalink Reply by pigsrgr8 on June 1, 2010 at 9:40am
I am sure Maple Leaf will not want to sell it to a new competitor.......they still want to process the meat and sell the value added Maple Leaf and Schneiders branded products.

I just hope they can find someone who wants it and will keep it running.
Permalink Reply by William Hardie on June 11, 2010 at 6:03am
I hope they sell it to someone who will keep it running for the employees. They are all hardworking people. I worked for Maple Leaf for 31 years and just retired last June. Good luck to all the employees!

▶ Reply to Discussion

RSS

Agriculture Headlines from Farms.com Canada East News - click on title for full story

OFCAF Producer Perspective on Virtual Fencing – Cody Claypool

On a cold Alberta night, few jobs are less appealing than heading out to move polywire so cattle can keep making the most of a swath-grazing field. For producer Cody Claypool, virtual fencing offered a way to reduce that winter labour while still controlling how his herd accessed feed and helping capture the full value of swath grazing. Instead of bundling up in the dark to shift electric fence, Cody could check his cattle’s movements from the comfort of home — even in the middle of the night — and make management decisions from his phone. That practical fit is what made the technology worth trying on the Claypool operation, where Cody manages a herd of approximately 400 cattle and is always looking for ways to make grazing more efficient without adding more hours to already full winter days. Cody’s parents first learned about virtual fencing at an Alberta Stockgrowers meeting, where RDAR CEO Mark Redmond and Olds Researcher Briana Elliot gave presentations. Their interest was piqued

British Columbia organizations coming together to boost skills and talent training in Canadian food and ingredient ecosystem

As Canada works to reach its full opportunity to do more with what it grows, there’s an increasing need to train and produce skilled workers across the food production and value-added agriculture value-chain. Today, to help address this need, Protein Industries Canada is announcing a new project with BC Food & Beverage (BCFB), the University of British Columbia (UBC) and Cultivated Food Labs (CFL), to develop and deliver a new coordinated skills training program. Canada’s ability to Make More Here presents an opportunity to unlock $25 billion in GDP and upwards of 17,000 new innovation-based jobs. BCFB, UBC and CFL are combining their expertise to ensure enough skilled talent is ready to fill these jobs, providing companies across Canada with the workforce needed to help reach new growth potential and new markets. “A strong and resilient agri-food sector depends on a highly skilled workforce,” said the Honourable Mélanie Joly, Minister of Industry and Minister responsible for Canada

Barn Boards and Baling Wire

One morning when we still lived on the farm, I looked out the front window and saw the barn door was open. A horse was standing by the corn crib not 10 feet from the road. It wasn’t my horse, but still I had that sinking feeling in the pit of my stomach. We had rented out a stall to an Amish neighbor to board his horses for a month while he was doing some logging nearby. He paid the rent with several loads of firewood. As a bonus he spread some of that high-octane Percheron exhaust on the garden, so it was a good deal all around. The neighbor arrived within a few minutes to tend to the wayward horse, so it all ended well. But that sinking feeling brought back memories of all those times in my youth when somebody left a door or a gate unlocked and the cows got out – usually onto the road and almost always at the most inconvenient time. Chasing cows at three o’clock in the morning is not fun, especially when your school bus is due to arrive at 7 a.m. We came home recently after being

Grain Safety is Literally a Matter of Life and Death

BeGrainSafe Week encourages safe grain handling practices through education, rescue training, and awareness programs aimed at reducing preventable farm accidents across Canada.

Pre Harvest Glyphosate Timing Protects Crop Markets

Growers are encouraged to follow proper glyphosate application timing to reduce residue risks, protect grain quality, and maintain market access for canola, cereal, and pulse crops.

© 2026   Created by Darren Marsland.   Powered by

Badges  |  Report an Issue  |  Terms of Service