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Pork processing restructured at Maple Leaf Foods
At least one large pork processing facility, in
Manitoba, Canada could be expanded, Maple Leaf Foods recently
announced.
Chief financial officer Michael Vels said the company is looking at
expanding the plant in the town of Brandon, Manitoba. "We have plans and desires
to run that plant at double shift, at 85,000 pigs per week," said Vels at a
Scotia Capital conference in Toronto.
"We're redesigning our hog production model, we're focusing on the
investments we have and the bonds we have ... that can make money on the
long-term basis."
The pork processing operations need to be reformed due to the strong
Canadian dollar, Vels said. In order to reduce costs, Maple Leaf will redesign
pig production operations. The company expects to announce details in October,
Vels said.
Related website:
Editor PigProgress
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