Sold! Buyer picks up Maple Leaf's Burlington plant for $20 million
Obtaining a good deal is key to obtaining a competitive edge, says University of Guelph economist
Obtaining a good deal is key to obtaining a competitive edge, says University of Guelph economist
Last done in 1999, Ontario’s tender fruit tree census is woefully out of date. The provincial industry association, related research facility and OMAFRA are working to rectify the situation with April the goal for releasing census results.
Time is running out for tender fruit producers as they wait to hear if the only fruit canning plant in Canada will continue to operate for the 2008 season. While there are currently two prospective buyers, a successful business plan would require cooperation between three levels of government, the buyers, growers and the United Food and Commercial Workers union (UFCW).
While the possibility still exists a buyer might be found for the only remaining North American fruit canning plant east of the Rockies, the chairman of the Ontario Tender Fruit Producers Marketing Board isn’t holding his breath.