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Tag Archives Maple Leaf

(Dave Bedard photo)
Livestock, Poultry/Eggs

Maple Leaf to consolidate Ontario poultry processing

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A new $660 million plant at London, Ont. will house Maple Leaf Foods’ Ontario fresh poultry processing operations by mid-2021 as the food processing firm prepares to shut three older facilities. Toronto-based Maple Leaf announced Monday it will build a 640,000-square foot plant at London, billed as “one of the most technologically advanced poultry-processing plants […] Read more
Field Roast’s plant-based FieldBurger is made using assorted vegetables, mushrooms and barley. (FieldRoast.com)
Crops, Fruit/Vegetables, Pulses

Maple Leaf buys further into ‘meat’ market

One of Canada’s biggest packaged meat companies is further expanding its space on the non-animal protein shelf with a deal for U.S. processor Field Roast Grain Meat. Maple Leaf Foods announced Nov. 30 it will pay US$120 million (C$153.9 million) for the Seattle-based company, which makes and markets premium grain-based “meat” and vegan cheese products. […] Read more
(Dave Bedard photo)
Hogs, Livestock, Pulses, Reuters

Maple Leaf Q3 profit beats on overall sales growth

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Reuters — Maple Leaf Foods, one of Canada’s biggest pork processors, posted a quarterly profit that beat analysts’ estimates, helped by growth across all its businesses. The company, whose brands include Schneiders, Maple Leaf and, since March, Lightlife, said adjusted operating earnings rose to $65.15 million in the third quarter from $61.52 million a year […] Read more
(Regis Lefebure photo courtesy ARS/USDA)
Hogs, Livestock, Reuters

PED’s spread alarms piglet-exporting Manitoba

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Winnipeg | Reuters — The deadly pig disease PEDv (porcine epidemic diarrhea virus) is spreading faster than expected in Manitoba, Canada’s biggest piglet-producing province. The number of cases since the beginning of May, now at 10, matches the total from the past three years combined, although the outbreak is not comparable in scale to PEDv’s […] Read more
(Dave Bedard photo)
Livestock, Reuters

Maple Leaf posts higher-than-expected profit

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Reuters — Meat-packing company Maple Leaf Foods reported a better-than-expected quarterly profit, driven by increased retail sales in Canada and higher exports. The company, whose brands include Schneiders and namesake Maple Leaf, said adjusted operating earnings rose 10 per cent to $59 million in the first quarter ended March 31. Maple Leaf, which is Canada’s […] Read more
(Lightlife.com)
Hogs, Livestock, Poultry/Eggs, Reuters

Cash-rich Maple Leaf sees abundant U.S. opportunities

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Reuters — Canadian meat packing company Maple Leaf Foods is hunting for acquisitions in the U.S., after years spent upgrading old factories and shedding business lines, its CEO said on Wednesday. Maple Leaf, which reported on Wednesday its profits doubled in the fourth quarter, sees growth opportunities from meat produced humanely and without antibiotics, and […] Read more
Hogs, Livestock, Reuters

Canada’s Maple Leaf Foods profit beats estimates

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Canadian meat processor Maple Leaf Foods reported a quarterly profit that squeezed past estimates as lower operating costs and increased pricing more than offset a fall in volumes in its meat products business. The company, whose brands include Schneiders and namesake Maple Leaf, recently completed a program started in 2010 to boost earnings by shutting […] Read more
Photo: Thinkstock
Hogs, Livestock, Markets

Feds and province fund Maple Leaf bacon plant

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The governments of Canada and Manitoba have announced funding of $500,000 toward an expansion of Maple Leaf Food’s bacon processing plant in Winnipeg. The announcement was made Monday at the plant by federal Agriculture Minister Lawrence MacAulay and Manitoba Agriculture Minister Ralph Eichler. A release said Maple Leaf Food’s investment in the bacon line expansion […] Read more

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