Maple leaf foods will consolidate
their processed poultry operations into its Brantford and Mississauga Ontario
facilities where there is available capacity and opportunities for future
growth.
At Mississauga and Brantford plants
they are doing investment near about $6.5 million which will support the
production transfers. Investment on Mississauga plant will create 75 new hourly
and salaried positions at that facility. Some of the forward-looking statements
may be considered to be financial outlooks for purposes of applicable
securities legislation including, but not limited to, statements concerning
future costs and capital expenditures. These financial outlooks are presented
in order to provide readers with information regarding the expected scope of
the planned changes. These financial outlooks may not be appropriate for other
purposes and readers should not assume they will be achieved.
Michael H. McCain president and CEO of
Maple leaf foods has said that his company increasing their efficiency and
capacity in utilization in their value added poultry business as value added
meat is an important market of US by investing on Mississauga and Brantford
plant.
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