"We are very pleased with our results for the year and we remain on track to deliver our earnings and margin growth for 2012 through 2015," said Michael H. McCain, president and CEO.
Maple Leaf Foods announced that it will consolidate its further processed poultry operations into its Brantford and Mississauga Ontario facilities where there is available capacity and opportunities for future growth.
This initiative will see the company invest approximately $560 million in infrastructure and technologies over three years to establish a world-class prepared meats network.