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Friday, August 2, 2013
Maple Leaf's profits decline on poor market conditions
August 2, 2013 Maple Leaf's profits decline on poor market conditions   Challenging market conditions continued to weigh on Maple Leaf Foods' bottom line, citing weaker hog production returns, global pork markets and volatile raw material m ...
Tuesday, July 23, 2013
Maple Leaf to sell its turkey growing, breeding farms
July 23, 2013 Maple Leaf to sell its turkey growing, breeding farms Press release Maple Leaf Foods has entered into definitive agreements to sell its commercial turkey farms to Ernald Enterprises Limited and its breeder farms and hatchery o ...
Friday, May 3, 2013
Maple Leaf reports quarterly loss on lower meat sales
Hurt in part by lower meat sales, Maple Leaf Foods Inc. reported a bigger quarterly loss with total sales decreased 4% to CAD1.11 billion (US$1.09 billion) in the first quarter of this year. The company's net loss widened to CAD14.7 million ...
Friday, February 22, 2013
Maple Leaf upgrades pork facility in Lethbridge, Alberta
February 22, 2013 Maple Leaf upgrades pork facility in Lethbridge, Alberta   Press release     In order to keep up with the growing international demand for Canadian pork, Maple Leaf Foods is upgrading its pork facility in Lethbridge, Alber ...
Wednesday, December 19, 2012
Canada's Competition Bureau allows Maple Leaf and Olymel acquisitions
December 19, 2012 Canada's Competition Bureau allows Maple Leaf and Olymel acquisitions     Canada's Competition Bureau has authorised two mergers in the local hog industry, where producers are coping with significant losses caused by highe ...
Friday, November 2, 2012
Maple Leaf to acquire Puratone Corporation
Maple Leaf Foods announces an agreement to buy the Puratone Corporation, a leading hog production firm in Canada, for about US$42 million. The transaction is expected to close within a month, subject to court and regulatory approvals. "This ...
Thursday, November 1, 2012
Maple Leaf reports Q3 2012 financial results (Press release)
November 1, 2012 Maple Leaf reports Q3 2012 financial results   Press release Maple Leaf Foods Inc. (MFI) reported on Wednesday (Oct.31) its financial results for the third quarter ended September 30, 2012 with a declining net earnings of U ...
Thursday, August 2, 2012
Maple Leaf's adjusted operating earnings slide 7% in Q2
August 2, 2012 Maple Leaf's adjusted operating earnings slide 7% in Q2 At US$71,787,731, adjusted operating earnings for Maple Leaf Foods is down 7% in the second quarter of 2012, as compared to CAD77,536,000 (US$77.19 million), or CAD0.30 ...
Friday, May 4, 2012
Maple Leaf 's earnings down by 20%
May 4, 2012 Maple Leaf 's earnings down by 20%   Maple Leaf Foods Inc. reported that its adjusted operating earnings for the first quarter plunged by 20% to US$40.5 million while net earnings for the first quarter were US$800,000, compared ...
Tuesday, April 3, 2012
Maple Leaf to have new distribution centre
April 3, 2012 Maple Leaf to have new distribution centre   Maple Leaf Foods had announced that the Puslinch Township, in the County of Wellington, will be the location for a new distribution centre that will operate as the company's prepare ...
Wednesday, March 14, 2012
Maple Leaf receives state aid in pork plant upgrade
March 14, 2012 Maple Leaf receives state aid in pork plant upgrade  The Canadian government has allotted more than CAD4.5 million (US$4.51 million) to fund Maple Leaf Inc's upgrading of its Manitoba processing facilities. "Today's investmen ...
Thursday, March 1, 2012
Maple Leaf likely to increase prices on higher meat costs
March 1, 2012 Maple Leaf likely to increase prices on higher meat costs   In order to pass on higher meat costs which took a bite out of fourth quarter results, Maple Leaf Foods Inc. said Tuesday (Feb 28) that it is looking to raise prices. ...
Wednesday, February 29, 2012
Maple Leaf's Q4 profit down 70%, operating costs up
February 29, 2012 Maple Leaf's Q4 profit down 70%, operating costs up   A 70% drop in fourth quarter profit has been reported by Maple Leaf Foods Inc. Tuesday (Feb 28), as higher costs impacted meat and poultry margins, while operating cost ...
Thursday, February 9, 2012
Maple Leaf to close poultry plant on efficiency augmentation
February 9, 2012 Maple Leaf to close poultry plant on efficiency augmentation   In order to boost efficiency, hitting around 100 jobs, Maple Leaf Foods is to close a poultry facility in Canada. The plant in the town of Ayr in Ontario will c ...
Wednesday, February 8, 2012
Maple Leaf Foods to consolidate processed poultry operations in Ontario (Press Release)
February 8, 2012 Maple Leaf Foods to consolidate processed poultry operations in Ontario Press Release   Maple Leaf Foods announced Tuesday (Feb 7) that it will consolidate its processed poultry operations into its Brantford and Mississauga ...

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