Reuters — Meat processor Maple Leaf Foods reported a smaller, but still disappointing, quarterly loss on Thursday, as it worked through a plan to close older packing plants. Even so, the company will double its quarterly dividend to eight cents. CEO Michael McCain said the move reflected confidence in the business outlook. Maple Leaf, one […] Read more
Tag Archives maple leaf — page 5
Maple Leaf reduces Q4 loss, hikes dividend
Nearly-shuttered Maple Leaf plants still running for now
Two Maple Leaf Foods processing plants tapped in 2011 to close by the end of this year will stay open for a few months yet. Of six further-processing facilities slated for closure by the end of 2014 in the final phase of Maple Leaf’s “value creation plan,” the company’s Courtland Avenue deli and luncheon meat […] Read more
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