Kraft Heinz Archives | Canadian Cattlemen

Kraft Heinz backed for ketchup production in Montreal

Company to add ketchup line at Mont Royal site

A $23.3 million expansion of Kraft Heinz’s food manufacturing complex in Montreal will see the company resume making Heinz ketchup for Canada, in Canada. The U.S.-based food processing giant and the Quebec government on Nov. 17 announced the expansion plan for the company’s Mont Royal plant, which today makes products such as KD Mac + […] Read more

Dairy Cattle, Livestock, Reuters

Kraft Heinz to sell several cheese businesses to Lactalis

Canadian grated cheese lines among assets going for US$3.2 billion

By Reuters, GFM Network News September 16, 2020

Chicago | Reuters — Kraft Heinz said on Tuesday that it will sell several of its cheese businesses to a U.S. affiliate of France’s Groupe Lactalis for US$3.2 billion. After weak sales results and several billion-dollar writedowns over the past two years, there has been market speculation about which categories Kraft Heinz will offload from […] Read more

Crops, Markets, Reuters

Kraft Heinz cuts output at three plants, adds mac and cheese shifts

By Carolina Mandl, GFM Network News April 4, 2020

Sao Paulo | Reuters — Kraft Heinz said Friday it has moved to significantly reduce production at three plants providing restaurant supplies amid the COVID-19 coronavirus outbreak, but its CEO noted the company has added shifts at others to meet demand for packaged foods such as macaroni and cheese. Speaking in a video presentation hosted […] Read more

Dairy Cattle, Livestock

Parmalat’s play for Kraft cheeses clears regulators

By GFM Staff May 31, 2019

Dairy giant Parmalat’s proposed $1.62 billion deal for Kraft Heinz’s “natural” cheese business in Canada has cleared federal antitrust regulators. The federal Competition Bureau on Thursday said it issued a “no action letter” to the two companies and would put up a position statement detailing its reasons in the “coming days.” The deal is expected […] Read more

Dairy Cattle, Livestock

Parmalat to buy Kraft’s Ontario cheese plant, brands

By GFM Staff November 16, 2018

U.S. food processing giant Kraft Heinz is taking one step back from the Canadian dairy processing business with a deal to sell its eastern Ontario cheese plant and the brands made there. The company announced Nov. 6 it has a deal in hand to sell its Canadian “natural cheese” business and its cheese plant at […] Read more

Crops, Fruit/Vegetables, Reuters

Kraft Heinz profits miss on weak demand in Canada, U.S.

By Reuters May 3, 2017

Reuters — Kraft Heinz, North America’s third-largest food and beverage company, reported lower-than-expected quarterly profit and sales, hurt by weak demand in the U.S. and Canada. Shares of the company, which owns brands such as Velveeta cheese and Heinz ketchup, were down nearly three per cent at $86.75 in after-hours trading on Wednesday (all figures […] Read more

Livestock, Poultry/Eggs, Reuters

Tim Hortons owner reported near deal to buy Popeyes

By greg-roumeliotis, Lauren Hirsch February 20, 2017

Reuters — Restaurant Brands International, owner of the Burger King and Tim Hortons fast food chains, is nearing a deal to acquire Popeyes Louisiana Kitchen, people familiar with the matter said Monday. The deal, which will likely value Popeyes at more than US$1.7 billion, is a bet by Oakville, Ont.-based Restaurant Brands that it can […] Read more

Crops

Kraft Heinz to shut SW Ont. salad dressing plant

By Canadian Cattlemen Staff November 9, 2015

Merged food and condiment giant Kraft Heinz will shut down its salad dressing and sauce factory in southwestern Ontario and six other U.S. plants in a bid to cut its “excess capacity.” The company announced Wednesday it will shut its Richardson Foods plant at St. Marys, Ont., which makes and sells salad dressings, sauces and […] Read more

Crops, Markets, Reuters

Kraft Heinz to cut 2,500 jobs in Canada, U.S.

By Reuters August 12, 2015

Reuters — Kraft Heinz Co. said it will eliminate 2,500 jobs in the U.S. and Canada, including about 700 at its Chicago-area headquarters. Heinz, backed by Warren Buffett’s Berkshire Hathaway and Brazilian private equity firm 3G Capital — known as an aggressive cost-cutter — combined with Kraft in March in a $46 billion deal that […] Read more

Ontario calls off final intake for beef set-aside

Pulse weekly outlook: Green, yellow pea prices reach parity

Dairy farmers must register to get further trade compensation payouts

GFM Network News

Ontario calls off final intake for beef set-aside

Pulse weekly outlook: Green, yellow pea prices reach parity

Dairy farmers must register to get further trade compensation payouts

Tag Archives Kraft Heinz

Kraft Heinz backed for ketchup production in Montreal

Kraft Heinz to sell several cheese businesses to Lactalis

Kraft Heinz cuts output at three plants, adds mac and cheese shifts

Parmalat’s play for Kraft cheeses clears regulators

Parmalat to buy Kraft’s Ontario cheese plant, brands

Kraft Heinz profits miss on weak demand in Canada, U.S.

Tim Hortons owner reported near deal to buy Popeyes

Kraft Heinz to shut SW Ont. salad dressing plant

Kraft Heinz to cut 2,500 jobs in Canada, U.S.

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