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: 153

Reply to This

Replies to This Discussion

Speculation? A consortium of feed millers and a trucking co. to name a couple of the probable suspects. Purely on speculation, but you asked . . .
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.
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

Harvest is 53 per cent complete, falling 20 per cent behind the five-year average

Harvest progress in Saskatchewan is behind both the five- and ten-year averages at 53 per cent compete, which is still a 12 per cent jump from last week. The five-year average is nearly three quarters complete at 73 per cent, while the 10-year average is 62 per cent. The Saskatchewan Agriculture weekly crop report attributes this season’s shortcoming to the impeding rainfall that many areas received between September 9th and 15th. In the race to finish combining, the southwest region is the furthest along with 66 per cent of crops harvested. The southeast region follows behind with 58 per cent of the crop in the bin. In the west-central and northwest regions 47 per cent of crops have been combined, and in the east-central region harvest is 46 per cent complete. Things are progressing more slowly in the northeast with 42 per cent in the bin. Although the rain slowed progress for many, it also improved soil moisture conditions. When it comes to which crops are off first specific

CRSB Certified recognized as AgriInvest risk assessment tool

The Canadian Roundtable for Sustainable Beef (CRSB) has announced that its CRSB Certified program is now recognized as an agri-environmental risk assessment (AERA) under Agriculture and Agri-Food Canada’s AgriInvest program. This means that beef producers who are CRSB Certified and require an AERA to participate in AgriInvest can use their certification to meet that requirement for the government program. AgriInvest is one of the business risk management programs delivered under the Sustainable Canadian Agricultural Partnership (SCAP), the federal-provincial-territorial framework that supports Canada’s agriculture and agri-food sectors. CRSB Certification joins a list of eligible AERAs including an Environmental Farm Plan and Nutrient Management Plans. Risk assessment must be valid at some point during your fiscal year for which it is required.

Crop Report for the Period September 9 to September 15, 2025

Many areas of the province received rainfall this past week causing producers to briefly pause harvest. Harvest is currently 53 per cent complete, which is a 12 per cent increase from last week. The five-year harvest progress average for this period is 73 per cent, while the 10-year average is 62 per cent. Despite the rain slowing progress, it is welcomed by producers in dry areas as it will improve soil moisture conditions. The southwest region is the furthest along with 66 per cent of crops harvested. The southeast region currently has 58 per cent of the crop in the bin. Harvest is at the same stage in the west-central and northwest regions as 47 per cent of crops have been combined. The east-central region is currently at 46 per cent complete while the northeast has 42 per cent in the bin. Winter wheat and fall rye harvest is now complete. Field pea and lentil crops are very close to wrapping up at 96 and 91 per cent respectively. Triticale is at 75 per cent harvested. Leading

Buying Used vs. New Farm Equipment — What Farmers Need to Know

Daniel Stansbury of AG Revolution shares practical guidance on how farmers can decide between new and used equipment, with tips to minimize risk and maximize value.

Bayer releases new Raxil Rise cereal fungicide seed treatment

The product protects wheat, oats, barley, rye, and triticale

© 2025   Created by Darren Marsland.   Powered by

Badges  |  Report an Issue  |  Terms of Service