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: 170

▶ 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

‘It’s another blow’: Farmers deal with surging fertilizer prices ahead of seeding

Fertilizer is an essential part of Kevin Peters’ farm in southwestern Manitoba. But since Israel and the U.S. attacked Iran, the average price of urea fertilizer, which is widely used around the world, has skyrocketed, surging around 30 per cent over the last week. Peters says the interruption in supply didn’t come as a huge surprise to him. “We deal with geopolitical issues all the time with markets, be it pork, be it grain, and now fertilizer,” he said. “There’s always some disruption seeming to happen somewhere in the world that is changing our daily prices.” Peters says he pre-purchased his fertilizer for this farming season back in the fall but is concerned about prices later this year when he has to buy fertilizer again. “We’ll see what the market looks like in eight months,” he said. Like Peters, Andrew James also pre-bought his fertilizer in the fall for his farm in Anola, Man., and he says he is happy he did. “My fertilizer bill for that (at the time) was around $350,00

From a Piece of Wire to Contaminated Feed: Preventing Foreign Material Hazards in Beef Cattle Operations

Foreign material and toxin consumption by beef cattle can lead to significant health problems, reduced performance and economic losses. Canadian cattle producers take great pride and care in how they manage their farms and ranches, from providing proper nutrition to stewarding their land and ensuring excellent animal care. Yet even with the best intentions, foreign materials and toxins can quietly find their way into feed, water or pastures. Understanding where they come from and how to prevent exposure is a key part of protecting your herd. Foreign materials and toxins often slip in through everyday farm activities such as repairing fences, running equipment, feeding hay or dealing with weather-stressed crops. A small piece of wire, leftover net wrap or contaminated feed source might not seem like much, but if consumed by cattle, it can trigger health issues, lost performance or even death. Understanding Hardware Disease When cattle consume sharp metal objects like nails or pieces

Farmers Balance Costs and Technology Investments - Tractor Sales Down

Tractor sales fell across most categories in February, but strong combine demand highlights farmers’ continued investment in productivity boosting technology.

Crude Oil and Natural Gas Outlook - What Farmers Need to Know in 2026–2027

Brent crude prices surge as Middle East conflict disrupts supply. See the 2026–2027 outlook for oil, natural gas, and electricity—and what it means for U.S. agriculture

Principal field crop areas, 2026

Canadian farmers expect to plant more canola, barley, soybeans and corn for grain in 2026, while they anticipate area seeded to wheat, oats, lentils and dry peas to decrease compared with the previous year. Wheat At the national level, farmers anticipate planting 26.7 million acres of wheat in 2026, down 1.1% from the previous year. If this anticipation is realized, national wheat area would remain well above the five-year average, despite a decrease from 2025, which would likely be attributable to continued strong global demand. Producers expect spring wheat area to edge down 0.1% to 18.8 million acres in 2026. They anticipate durum wheat area to decrease 2.4% to 6.4 million acres, while they expect winter wheat area to fall 6.7% to 1.6 million acres. Farmers in Saskatchewan anticipate planting 13.9 million acres of wheat in 2026, down 1.0% from the previous year. Producers expect spring wheat area to fall 0.6% to 8.7 million acres, while they anticipate durum wheat area to remain

© 2026   Created by Darren Marsland.   Powered by

Badges  |  Report an Issue  |  Terms of Service