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: 234

▶ 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

Canadian Beef Check-Off Agency Scholarship Winner

The Canadian Beef Cattle Check-Off Agency is pleased to announce that Ryan Trefiak of Edgerton, AB has been awarded the 2026 $2000 scholarship. Ryan is pursuing studies in Agricultural Systems Technologies at Iowa State University. This year’s judging panel noted they were impressed by the quality and dedication of all candidates, making the selection process a difficult one. Since its launch, the scholarship program has grown into one of the Agency’s most wide-reaching communications initiatives, connecting with students across the beef industry and helping support the next generation of leaders in Canadian agriculture. Congratulations, Ryan! We wish you continued success in your studies.

Field Week: Covering distance, literally and academically

There is only so much environmental science that can be learned in a classroom or science lab. Field experience is woven throughout Lakeland College’s environmental sciences programs, with labs taking place in the natural spaces on and around campus throughout the year. Each year, however, that experience is intensified during Field Week. That’s when second-year environmental sciences students find themselves knee-deep in the river electrofishing, setting up and checking small mammal traps, deploying autonomous recording units, constructing bat houses, capturing, banding and releasing songbirds, reading soil profiles, touring mine sites and assessing wetlands. “I love the hands-on experience,” says Mackenzie Hamm, a second-year environmental sciences student majoring in wildlife and fisheries conservation. “We’ve got to learn quite a few different things. It really brings into context what we’re learning in the classroom, so I can actually apply all of that theory that we’ve been doi

Growing the future: Judy Sweet invests in Lakeland’s ag students

Judy Sweet is continuing her longstanding support of Lakeland College agricultural sciences students by investing in the Student-Managed Farm (SMF) Lab Revitalization project. Sweet’s gift will support upgrades to the calving barn on the Vermilion campus farm, enhancing agricultural teaching, applied research, animal care and industry collaboration. The improvements will also strengthen facility functionality, sustainability and long-term operational capacity. “Judy Sweet’s generosity is an investment in the future of agriculture and in the students who will lead it,” says Dr. Alice Wainwright-Stewart, president and CEO of Lakeland College. “Her continued support of Lakeland’s Student-Managed Farm helps us provide the modern facilities and hands-on learning experiences our students need to put their education into action. This gift will strengthen animal care, help advance applied research and prepare graduates to make a meaningful impact in this essential industry. We are deeply gra

Canada could add $5.4B to GDP by processing more of its crops at home: EY

Canada could generate up to $5.4 billion in additional GDP and support approximately 34,000 full-time-equivalent jobs by redirecting just 10 per cent of its raw crop exports to value-added processing here at home, according to new EY analysis released today by Protein Industries Canada. The findings come as the federal government has made domestic food processing a national priority through its National Food Security Strategy. The strategy calls for Canada to reduce its dependence on other countries by processing more of the food it grows and sets an explicit objective to increase domestic processing to strengthen self-sufficiency and drive economic growth. Canada already has an extraordinary foundation to build from. Its food and agriculture sector contributed $149.2 billion to GDP in 2024 and supported 2.3 million jobs, while Canada remains a leading producer of major crops including wheat, canola and corn. But too often, Canadian crops leave the country before the higher-value pro

Thiesse, Parman discuss farm economy, tight margins at Big Iron

Live from the Big Iron Farm and Construction Show on Wednesday, Sept. 16, Kent Thiesse, farm management analyst, and Bryon Parman, NDSU farm management specialist, joined the Red River Farm Network’s “Issues and Events Center” to discuss the farm economy and the tight margins farmers are dealing with. The conversation kicked off with both guests discussing their concerns when it comes to farm balance sheets heading into 2027. “I think there’s certainly some positivity out there in the markets,” Thiesse said. “We’ve seen a runup in both corn and soybean prices, even wheat prices. Unfortunately, we’ve also seen a runup in input costs, as well. Fertilizer costs a year ago at this time were a big concern. They’ve kind of leveled out, but they haven’t really come down much. “As we look forward and start running the pencil for next year, even with higher commodity prices, we’re maybe breakeven on soybeans and we’re in the red with corn based on the numbers I’ve looked at. We’re facing som

© 2026   Created by Darren Marsland.   Powered by

Badges  |  Report an Issue  |  Terms of Service