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: 201

▶ 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

Massey Ferguson Planters Focus on Precision, Flexibility and Long-Term Efficiency

Massey Ferguson planters are designed to improve crop establishment through precise seed placement, advanced planting technologies and a flexible, field-proven platform.

6 ways to protect your farm’s data

Safety protocols for technology on the farm deserve the same amount of attention as the safety protocols you have in place for operating farm machinery. Information in this technology footprint is vast and growing. Private details, such as banking and financial information and employees’ personal details, are examples of digital farm data that are crucial to running your operation and are meant to be accessible to a select few. As the use of technology on the farm increases, the amount of information grows. Malicious software, called malware, can infiltrate your computer or smartphone through viruses or spyware, damaging files and stealing information. Sometimes, those behind the infiltration will lock owners out of the computer, encrypt files and hold access for ransom. Cyber defence experts say farms, like many small and medium-sized businesses that use devices such as mobile phones and laptops for both personal and business purposes, can also be targets. Here are some steps to t

OFCAF Application Intake Pause Extended to September Due to Unprecedented Demand

RDAR, a leader in results-driven agriculture research in Canada, advises that intake for the 2026 On-Farm Climate Action Fund (OFCAF) remains paused while applications are under review. Applicants will be notified as soon as decisions are made to approve or decline their applications. Producer response to this year’s intake has been exceptionally strong. RDAR has received more than 900 applications requesting over $21.2 million, far exceeding the $17.2 million available. Assessments are underway to determine which applications can be supported under program requirements and available funding. “The level of interest in OFCAF reflects Alberta producers’ strong commitment to practices that improve resilience, productivity, and environmental outcomes,” said RDAR CEO Dr. Mark Redmond. “Given the volume of applications, we are taking the time needed to complete a fair and disciplined assessment process.” Assessment Underway RDAR is reviewing submitted applications against program criteri

Will Soybeans Look Rough This June?

Is this June going to be a tough month for soybeans? In this part of the world, June usually challenges our crop but we’ve had a run of warm weather that makes it feel like we’re in North Carolina. So far, provided the crop got off to a good start, crop development has been rapid. But things change in a hurry and crop yellowing can will likely occur along with periods of slow or stunted plant growth. What’s normal and transitory and what should we worry about? Let’s look at a few issues. The Period of N Starvation – Often Forgotten All soybean plants, to a greater or lesser extent, go through a period of nitrogen starvation early in their development. This occurs at the point where the nutrition within the cotyledons, that fueled the plant up until that point, is running out and future growth will depend on the plant’s ability supply itself with nitrogen via nitrogen fixation. What is often forgotten is that nodule formation and the start up of Nitrogen (N) fixation demands a lot of

TELUS brings Optik TV to Montreal and Quebec City areas: Expanded service, bundling options and entertainment flexibility

TELUS is expanding its Optik TV service to the Montreal and Quebec City areas, giving customers access to over 300 TV channels and their favorite streaming platforms at home or on-the-go, in one flexible package. With Optik TV, customers can build their ideal entertainment lineup -- including illico+, Netflix, Crave, Disney+, Prime Video and Apple TV -- refresh their lineup every 30 days, and save money doing it. Bundled with PureFibre Internet, TELUS Optik TV customers also benefit from exclusive bundling options that enhance their connected experience, including TELUS Mobility, SmartHome Security, SmartEnergy. "Since 2010, Optik TV has been the platform Quebecers in Eastern Quebec have trusted for entertainment at home and on-the-go. Now, we're thrilled to extend that winning experience to the Montreal and Quebec City areas--delivering live sports, the most popular streaming services, original Quebec content from maCommunauté and seamless entertainment across all devices," said Nath

© 2026   Created by Darren Marsland.   Powered by

Badges  |  Report an Issue  |  Terms of Service