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: 152

▶ 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

Soybean Fungicide Decisions

As soybean crops move into flowering, questions are sure to be raised about whether fungicide applications are needed. In anticipation, let’s take a closer look at the potential disease threats and what Manitoba On-Farm Network research has told us. What Should We Be Concerned About? Foliar diseases infecting soybeans in Manitoba typically occur at low severity levels and are not expected to impact yield most years. These usually include bacterial blight, downy mildew and Septoria brown spot. Stem diseases generally have a greater impact on yield. White mould: infections begin at nodes along the main stem. Wilted plants may be spotted from afar, within a humid canopy may find white mycelial growth and black sclerotia bodies later in the season. This disease is the main target of fungicide applications. Cool, wet conditions throughout July and August favour white mould. For every 10% increase in the percent of plants infected with white mould, 2-5 bu/ac of yield are lost in soybeans.

Fungicide Decision Tool for Managing Mycosphaerella Blight in Field Peas

When your peas have reached V10 (10th node stage), it is an ideal time to start scouting each field to evaluate if a fungicide application to manage Mycosphaerella blight is warranted. Continue scouting for symptoms from V10 (10th true node) to R2 (beginning bloom), during mid-June to late July. Mycosphaerella (Ascochyta) blight is the most widespread and economically damaging foliar disease of Manitoba field peas. Peas are the single host crop of Mycosphaerella but it can be managed by foliar fungicide. This pathogen can be stubble-, air-, soil- and seed-borne. Spores can travel long distances by air, meaning there is a disease risk even in fields where peas have not been grown previously. The impact of disease severity on yield will depend on how early the disease sets in and how quickly it progresses into the upper crop canopy. Early infections during the bloom to early/mid-pod stages cause the most damage if left untreated. Use this fungicide decision worksheet when scouting to

Manitoba pork, canola producers hold steady amid heavy tariffs

A slab of back bacon from Natural Raised Pork comes with a waitlist. Ian Smith points to tariffs. Since the United States placed levies on imports from Canada, Manitobans have increasingly been calling Smith about his farm near Argyle, some 40 kilometres northwest of Winnipeg. “There’s more people wanting to support local and I’m one of few people that do what I’m doing,” said Smith, 62. He estimates 90 per cent of his pork products are bought by Manitoba households; the latter goes to a packing plant. Last year, it was a 50-50 split. Smith works alone, hustling to meet the four-to-six week waitlist that’s accumulated. He keeps hundreds of feeder pigs and a couple dozen sows; it’s a relatively small operation, he noted. “If there’s any mistakes to be made, there’s only one person to blame and that’s me,” he said with a laugh. Smith doesn’t export to China — so he’s shielded from that nation’s levies still hanging over the Canadian industry.

KAP Welcomes Appointment of New U.S. Trade Representative

Keystone Agricultural Producers (KAP) welcomes the appointment of Richard Madan as Manitoba’s new trade representative to the United States. “We commend Premier Kinew and Minister Moses for making Manitoba’s voice a priority in Washington, D.C.,” said KAP President Jill Verwey. “We look forward to working with Mr. Madan to advance the interests of Manitoba farmers and the agricultural industry, ensuring these interests are at the forefront of his work as he forges stronger relationships with American policymakers and trade officials.” Agriculture is an important part of Manitoba’s economy, with $4.29 billion in agri-food exports to the U.S. alone in 2024, and KAP sees the new presence in Washington as instrumental in fostering strategic relationships with key states that are important to our trade interests. “The U.S. is Manitoba’s largest agri-food export destination and is one of Manitoba’s key trading partners on the international stage,” added KAP General Manager Colin Hornby. “

2025 Annual General Meeting

On Wednesday, June 18th, the Ontario Farmland Trust hosted its Annual General Meeting. The meeting was held hybrid again this year, with members and friends joining both virtually and in person.

© 2025   Created by Darren Marsland.   Powered by

Badges  |  Report an Issue  |  Terms of Service