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Maple Leaf Foods Announces Near-Term Plan to Expand Its Plant Protein Capacity
Maple Leaf Foods announced that its wholly-owned subsidiary, Greenleaf Foods, SPC, a leader in plant protein products, is advancing plans to increase tempeh production capacity through the acquisition and planned build-out of a food processing plant in Indianapolis, Indiana (the "Project").
Driven by growing demand for its Lightlife® tempeh products, phase 1 of the Project involves the acquisition of a 118,000 square foot plant in Indianapolis which is expected to close in early April, and the installation of tempeh production equipment with initial capacity of approximately...
Maple Leaf Foods Emphasizes Vigilance Against COVID-19 as All Sites Continue to Operate
Maple Leaf Foods is continuing to emphasize the importance of vigilance against COVID-19 with its Team Members as colder weather has arrived, and provinces and states across North America are seeing increasing numbers of cases. All Maple Leaf facilities continue to operate safely even as Team Members and their families are impacted by rising COVID-19 cases in local communities.
At Maple Leaf, health and safety is our first priority. We have built a comprehensive COVID-19 prevention and safety program that we seek to strengthen continually. Since the pandemic began, our facilities have transformed...
Maple Leaf Foods Reports Third Quarter 2020 Financial Results
Maple Leaf Foods Inc. reported its financial results for the third quarter ending September 30, 2020.
"Maple Leaf continues to deliver on its responsibility as an essential service, its commitment to protect employees, and its support of local communities during these extraordinary times," stated Michael H. McCain, the Company's President and CEO. "I continue to be amazed and humbled by the steadfastness of our team and their ability to maintain critical infrastructure in the face of extremely challenging circumstances.
"Our operational resiliency, strong brands, and the success of our sustainable meat strategy delivered excellent results in Meat Protein in the third quarter," continued Mr. McCain. "While supply chain disruptions impacted short-term Plant Protein performance, we are seeing...
Maple Leaf Foods Provides Update on COVID-19 at Brandon Plant
Maple Leaf Foods Inc. is continuing its rigorous safety efforts at its Brandon, Manitoba, plant to prevent workplace transmission amidst the recent COVID-19 cluster occurring in the community. The plant continues to operate safely, and Public Health experts have said on numerous occasions that there is no evidence of workplace transmission occurring at the plant.
The Company is extending its efforts to reduce spread of COVID-19 within the community by reinforcing the importance of precautions such as social distancing and by making 500,000 free masks available to community members.
Operationally, Maple Leaf Foods has temporarily suspended pork exports to China on a voluntary basis due to recent protocols adopted by...
Maple Leaf Foods Closes Sale of Drummondville Poultry Plant to Giannone Poultry
Maple Leaf Foods announced that it has completed the previously announced sale of its poultry plant in Drummondville, Quebec, including the associated supply, to Giannone Poultry of St. Cuthbert, Quebec.
In connection with the sale, Maple Leaf Foods and Giannone have entered into a three-year supply agreement that will allow Maple Leaf Foods to maintain its supply of fresh chicken. The completion of this transaction is...
Maple Leaf Foods Announces Sale of Drummondville Poultry Plant to Giannone Poultry
Maple Leaf Foods announced the sale of its poultry plant in Drummondville, Quebec, and associated supply, to Giannone Poultry of St. Cuthbert, Quebec. As part of the sale, Maple Leaf Foods and Giannone have reached a three-year supply agreement that will allow Maple Leaf Foods to maintain its supply of fresh chicken.
Maple Leaf Foods acquired the plant and supply in 2018 with the purchase of select Cericola Farms assets. Maple Leaf Foods will continue to own and operate the Bradford, Ontario poultry plant that was also acquired in connection with the 2018 Cericola purchase. The sale of the Drummondville plant is expected to close this summer subject to normal closing conditions and...
Maple Leaf Foods Releases 2019 Sustainability Report
Maple Leaf Foods, Inc., announced the release of its 2019 Sustainability Report, outlining the company's key programs and achievements during the past year, as well as future initiatives and priorities supporting Maple Leaf Foods' purposeful journey to be the most sustainable protein company on earth.
In 2019, Maple Leaf Foods continued its commitment to sustainability and made meaningful progress, including becoming the first major carbon neutral food company in the world and setting science-based greenhouse gas emissions targets. Maple Leaf Foods' commitment to the environment comes from a recognition that producing nutrient-dense protein takes...
Maple Leaf Foods Reports First Quarter 2020 Financial Results
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