SHUR-GAIN Announces construction of Feed Mill facility in MONCTON, NB
Moncton, NB- October 1, 2003 - Shur-Gain, a division of Maple Leaf Foods, announced plans today to invest $15-million in a new state-of-the-art feed mill in Caledonia Industrial Park in Moncton, New Brunswick, reinforcing its commitment to long-term growth in Atlantic Canada.
"This facility will allow us to be even more responsive to the needs of our Atlantic Canada customers and meet the highest global standard of food safety practices," said Jerry Vergeer, President of Shur-Gain. "The mill will use the latest production technology to efficiently provide our customers with quality products and integrate the latest in leading edge safety controls, delivering on our commitment to food safety and quality assurance."
Construction of the Shur-Gain feed mill is scheduled to begin immediately with site preparation and is expected to be completed in approximately 12 months. The state-of-the-art mill will produce 225,000 tonnes per year of dairy, beef, swine, poultry and other livestock feed. The plant will be fully automated to include receipt of orders, ingredients, batching, process control and shipping.
"I welcome Shur-Gain's selection of Moncton as the site of its new state-of-the-art facility," stated New Brunswick Premier Bernard Lord. "The Government of New Brunswick is very supportive of the decision and we are pleased Maple Leaf is strengthening Shur-Gain's presence here in New Brunswick."
As a result of this significant investment, the volume produced at the feed mills in Port Williams (Nova Scotia), Sussex (New Brunswick) and Summerside (Prince Edward Island) will be consolidated to the new mill in Moncton when it is commissioned in 2005. Assisting the approximately 60 employees affected to find new employment is a top priority for Shur-Gain, which may include positions at the new mill in Moncton or at other Maple Leaf Foods operations in the Maritimes.
Shur-Gain will continue to maintain a strong local presence throughout the Atlantic Provinces through its 11 Feeds 'N' Needs stores and will maintain its local sales force. Shur-Gain recently established its Atlantic head office in Moncton, New Brunswick, employing 22 people.
"This $15-million investment by Maple Leaf Foods further illustrates our commitment to supporting Atlantic Canada's livestock industry," said Scott McCain, President and Chief Operating Officer of Maple Leaf Foods' Agribusiness Group. "The feed and nutrition link is a key component in Maple Leaf's strategy and is integral to delivering innovative, high quality products to consumers."
Shur-Gain is Canada's leading feed company, operating 16 facilities in Canada and the U.S., and supports its quality feed products through active animal nutrition research and development. Shur-Gain is an independent operating company of Maple Leaf Foods Inc. (TSX:MFI), a leading Canadian food processing company committed to delivering quality food products to consumers around the world. Headquartered in Toronto, Canada, the company employs more than 18,000 people at its operations across Canada and in the United States, Europe and Asia. Maple Leaf Foods had sales of $5.1 billion in 2002.
For further information, please visit www.mapleleaf.com or www.shurgain.com
(Excerpted from a News Release from Maple Leaf Foods Inc.)