“Consumers are becoming increasingly nutrition-focused, seeking out foods that provide specific health benefits when shopping at the supermarket,” says Nikki Putnam, a registered dietitian nutritionist at Alltech. “They’re demanding more nutrition out of each bite while asking farmers and the food industry to keep their food fresh and flavorful. Alltech’s ForPlus and All-G Rich dried micro-algae fermentation products give producers the opportunity to increase the nutrient content of pork, milk and eggs without changing the flavour and quality consumers expect.”
Algae are gaining attention for their application to the feed and food industries as a highly sustainable source of DHA. Docosahexaenoic acid, or DHA, is an omega-3 fatty acid naturally found in some species of algae and in fatty fish used for fish oil. Research has demonstrated DHA’s importance as an essential nutrient for health at all stages of both human and animal life. In humans, DHA is essential for brain and eye development. Plentiful levels of dietary DHA are also linked to improved cognitive function and learning ability in children, including benefits for children with ADHD, as well as reduced risk of coronary heart disease, depression and Alzheimer’s disease.
As such, Alltech is continuing to expand its algae DHA plant, one of only two plants commercially producing high-DHA heterotrophic microalgae. The facility, which is capable of producing approximately 15,000 tons of algae per year, has already been updated since its opening in early 2011.
“Alltech’s newly received approval from the CFIA on ForPlus and All-G Rich is an incredible step forward in sustainable animal agriculture,” says Stuart McGregor, Alltech Canada general manager. “This will provide the Canadian market with a renewable and competitive advantage to enrich pork, milk and eggs with DHA while also offering a sustainable alternative to current DHA omega-3 fatty acid sources that are depleting global fish stocks.”
Alltech algae products ForPlus and All-G Rich will be available through Canadian feed suppliers. For more information, contact your local Alltech Canada representative at http://go.alltech.com/the-dha-opportunity
To accommodate the transaction Sasso will strengthen is equity structure via emission of new shares to Hendrix Genetics. It is anticipated that the final transaction will be completed in the autumn of this year, after regulatory approvals and other customary closing conditions.
With access to the latest breeding technology and specialized breeding IT of Hendrix Genetics, Sasso’s breeding program will be intensified to accelerate overall product development. Hendrix Genetics will support Sasso with its international asset base to establish a back-up for the core breeding program and all international GPS activities. This will ensure continuity of international Parent Stock sales, necessary to respond to any disease challenge and to set up efficient worldwide distribution. The strategic alliance will provide Sasso with a stronger financial base for its asset renewal program and international expansion plans. Sasso will continue to be managed independently to maintain its focus and dedication to breeding for the colored broiler sector, both in France and globally.
Yves de la Fourchardière, President of Sasso, comments: “Management and shareholders of Sasso understand the ongoing consolidation process within the animal breeding sector, driven by exponentially increasing R&D cost and demand for global supply security. We are pleased that Hendrix Genetics offers Sasso the opportunity to maintain our focus on breeding traditional poultry, our company culture and French ownership and at the same time link with a strong international breeding company.” Antoon van den Berg, Chief Executive Officer of Hendrix Genetics, added: “We have been looking for this partnership for several years. With this alliance Sasso can maintain and further develop itself as a sustainable co-leader in alternative broiler breeding which is particularly beneficial to the broiler sector at large.”
Jean-Pierre Léger, the outgoing Chairman and CEO of St-Hubert commented, "I'm proud of the St-Hubert legacy and confident that this new alliance with Cara will open up opportunities for St-Hubert associates as well as new possibilities, both inside and outside of Quebec, for the St-Hubert business".
Cara's Chief Executive Officer, Bill Gregson, commented, "This acquisition represents a historic alliance and an excellent strategic fit for both companies. It gives St-Hubert the opportunity to expand its restaurant network as well as to drive a national retail food program on behalf of Cara, leveraging St-Hubert's existing management, Quebec manufacturing facilities and supplier network".
Cara has acquired St-Hubert for a purchase price of $537 million on a cash-free, debt-free basis. The purchase price is subject to customary working capital adjustments. St-Hubert generates approximately $620 million in System Sales, including sales from its food operations division, and approximately $44.8 million in Operating EBITDA. The St-Hubert transaction is immediately accretive to Cara's Adjusted Net Earnings per Share, before synergies are considered. Cara and St-Hubert will leverage their combined businesses to achieve an estimated $10 million of annual run-rate synergies within 3 years. Cara has financed the St-Hubert acquisition through the issuance of $50 million in Cara subordinate voting shares ("Shares") to the vendor, approximately $230 million in proceeds from Cara's previously announced offering of subscription receipts (the "Subscription Receipts"), on a private placement basis, and through upsizing its credit facility with Scotiabank and a syndicate of lenders. At closing, Cara's Pro Forma Net Debt to Operating EBITDA ratio is expected to be approximately 1.9x, providing Cara with room on the balance sheet to fund further growth, including acquisitions.
In accordance with the terms of the agreement pursuant to which the Subscription Receipts were issued, each outstanding Subscription Receipt will be exchanged today for one Share, resulting in the issuance of 7,863,280 Shares and a cash payment equal to $0.20 per Subscription Receipt. The cash payment is equal to the aggregate amount of dividends per Share for which record dates occurred since the issuance of the Subscription Receipts, less withholding taxes, if any. The Shares issued in exchange for the Subscription Receipts will be listed for trading on the Toronto Stock Exchange.
This press release makes reference to certain non-IFRS measures. These measures are not recognized measures under IFRS, do not have a standardized meaning prescribed by IFRS and are therefore unlikely to be comparable to similar measures presented by other companies. Rather, these measures are provided as additional information to complement those IFRS measures by providing further understanding of the Cara's results of operations from management's perspective. Accordingly, they should not be considered in isolation nor as a substitute for analysis of Cara's financial information reported under IFRS. Cara uses non-IFRS measures including "System Sales", "Operating EBITDA", "Adjusted Net Earnings per Share" and "Pro Forma Operating EBITDA" to provide investors with supplemental measures of its operating performance and thus highlight trends in its core business that may not otherwise be apparent when relying solely on IFRS financial measures. Cara also believes that securities analysts, investors and other interested parties frequently use non-IFRS measures in the evaluation of issuers. Cara's management also uses non-IFRS measures in order to facilitate operating performance comparisons from period to period, to prepare annual operating budgets, and to determine components of management compensation.
"System Sales" represents top line sales received from restaurant guests at both corporate and franchise restaurants including take-out and delivery customer orders. System Sales includes sales from both established restaurants as well as new restaurants. Pro forma System Sales for the acquisition of St-Hubert include third party sales from the food division which consist of sales to franchise restaurants, grocery, industrial and food service clients net of commercial expenses. Management believes System Sales provides meaningful information to investors regarding the size of Cara's restaurant network, the total market share of Cara's brands and the overall financial performance of its brands and restaurant owner base, which ultimately impacts Cara's consolidated financial performance.
"Operating EBITDA" is defined as net earnings (loss) from continuing operations before: (i) net interest expense and other financing charges; (ii) gain (loss) on derivative; (iii) write-off of financing fees; (iv) income taxes; (v) depreciation of property, plant and equipment; (vi) amortization of other assets; (vii) impairment of assets, net of reversals; (viii) losses on early buyout / cancellation of equipment rental contracts; (ix) restructuring; * conversion fees; (xi) net (gain) / loss on disposal of property, plant and equipment; (xii) stock based compensation; (xiii) change in onerous contract provision; and (xiv) lease costs and tenant inducement amortization.
"Adjusted Net Earnings per Share" is defined as net earnings per share attributable to shareholders of Cara adjusted for the following: (i) gain (loss) on derivative; (ii) write-off of financing fees; (iii) impairment of assets, net of reversals; (iv) losses on early buyout / cancellation of equipment rental contracts; (v) restructuring; (vi) conversion fees; (vii) net (gain) / loss on disposal of property, plant and equipment; (viii) change in onerous contract provision; (ix) normalized interest expense, which adjusts for proceeds from the IPO and certain capital changes related to the IPO; and, normalized income tax expense.
"Pro Forma Operating EBITDA" is defined as Operating EBITDA adjusted for full-year contribution of New York Fries and the acquisition of St-Hubert, as if the acquisitions had occurred on December 27, 2015.
Forward Looking Information
This press release contains "forward-looking information" within the meaning of applicable securities laws. Forward-looking information in this press release includes statements regarding the timing and completion of the proposed Original Joe's acquisition, timing and value of expected synergies, the effective accretion, growth prospects, future business strategy and expectations regarding operations. In some cases, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "targets", "expects", "estimates", "intends", "anticipates", "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might", "will" or "achieve".
Forward-looking information is necessarily based on a number of assumptions and estimates that, while considered reasonable by Cara as of the date such statements are made, are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results to be materially different from those expressed or implied by such forward-looking information, including: the accuracy of management's assessment of the effects of the acquisition, including the ability to generate synergies consistent with management's expectations; and the ongoing performance of the businesses of Cara and St-Hubert. These assumptions and estimates are not intended to represent a complete list of the assumptions and estimates that could affect Cara.
There are several factors that could cause actual results to differ materially from those contained in forward-looking information, including: future operating results; future general economic and market conditions, including equity capital markets; changes in laws and regulations; and such other factors and risks as described in detail from time to time in documents filed by Cara with securities regulatory authorities in Canada. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. Cara does not undertake to update any forward-looking information contained herein, except as required by applicable securities laws.
September 2, 2017 - The 2017 International Production & Processing Expo (IPPE) has surpassed 510,000 square feet of exhibit space with five months remaining until the trade show, setting a new record. Comprised of the three integrated trade shows – International Poultry Expo, International Feed Expo and International Meat Expo – IPPE has secured more than 1,100 exhibitors.
“We are very pleased with the level of exhibitor participation and the expanded square footage of the trade show floor. We anticipate more than 30,000 attendees at the 2017 IPPE, with the Expo providing an excellent location to learn about new products and services for the protein and feed industries,” stated IPPE show organizers.
The world’s largest annual feed, meat and poultry industry trade show will be held Tuesday through Thursday, Jan. 31 – Feb. 2, 2017, at the Georgia World Congress Center in Atlanta, Ga. The Expo will highlight the latest technology, equipment and services used in the production and processing of feed, meat and poultry products. IPPE will also feature dynamic education programs addressing current industry issues, combining the expertise from AFIA, NAMI and USPOULTRY.
2017 IPPE SHOW HOURS:
Tuesday, Jan. 31: 10 a.m. – 5 p.m.
Wednesday, Feb. 1: 9 a.m. – 5 p.m.
Thursday, Feb. 2: 9 a.m. – 3 p.m.
For more information about the 2017 IPPE, visit www.ippexpo.org.
August 19, 2016 - Mike Pruitt, who joined Cobb-Vantress, Inc. three years ago as General Manager for North America, has been promoted to Senior Vice President of Support Services and Pedigree Production.
He succeeds Randy Vardeman, who has announced his retirement at the end of this year after serving Tyson Foods and Cobb for the past 22 years.
“Mike brings a wealth of knowledge and experience to this role as he has served in senior leadership roles with OK Foods, Con Agra/Pilgrims and Foster Farms prior to joining Cobb, “said Joel Sappenfield, President of Cobb-Vantress.
Mike Pruitt graduated from Missouri State University with a Bachelor of Science in Agriculture and began his career with Tyson Foods in the Dardanelle complex in Arkansas. He is widely respected throughout the U.S. broiler industry in which he has worked for well over 30 years.
He moved to OK Foods where he became President in 1990 and then in 1999 to ConAgra Poultry as Executive Vice President of Live Operations. After ConAgra’s poultry division was purchased by Pilgrim’s Pride, he became Senior Vice President of Technical Services at Pilgrims in 2004. From 2007 until he joined Cobb-Vantress, he worked at Foster Farms as Senior Vice President of Live Operations.
August 19, 2016 - Merial is recognizing an important 10 year milestone of protecting flocks against Marek's disease and Gumboro disease (also known as Infectious Bursal Disease). Since the introduction of VAXXITEK HVT+IBD1 in Brazil in 2006, the vaccine has protected more than 70 billion birds across more than 75 countries against these two critical diseases, for which no treatment exists, considerably simplifying the vaccination process and contributing to disease prevention and efficiency strategies for poultry production businesses worldwide.
“We are extremely proud of the contributions of VAXXITEK HVT+IBD to poultry health in countries globally,” said Jérôme Baudon, Global Head of the Avian Business at Merial. It is one of the most used poultry vaccines in the world, and when it was introduced 10 years ago, Merial truly invented a new category by allowing for immunization against two diseases with a single vaccine dose given in the hatchery.”
Marek’s and Gumboro diseases are two of the most common, contagious and significant immunosuppressive viral diseases in poultry. In light of the growing need for protein in the world, innovative poultry health solutions, including VAXXITEK HVT+IBD, are critical to enhance poultry disease prevention, production and cost efficiencies. By 2020, chicken is expected to overtake pork as the global animal protein of choice.
“We started using VAXXITEK shortly after its launch and noted a big improvement in chick quality right from the start. Our customers reported fewer condemns and reduced mortality. Now we have customers asking for VAXXITEK-vaccinated chicks. We are extremely happy with the results,” said Ernie Silver, Hatchery Manager, Western Hatchery, Abbotsford, BC.
VAXXITEK HVT+IBD continues to represent a significant advance in vaccination, with only one single application for each bird. The vector-based vaccine is administered subcutaneously to one day old chicks or in-ovo (in the egg) in the hatchery. This approach enables continuity of protection against Marek’s Disease and IBD before chicks are placed on the farm, removing doubts about the right timing of vaccination, and also improving the consistency of quality vaccine delivery. In addition, VAXXITEK HVT+IBD provides excellent protection against a wide variety of IBD field strains without inducing bursa lesions or immunosuppression. For more product information, visit www.vaxxitek.com
May 14, 2015 - Fibrominn L-L-C, the first poultry litter burning plant in North America has flopped, falling into receivership even before H5N2 avian influenza has shaken the Midwest's poultry industry. READ MORE
June 6, 2014 - Exceldor and Parrish & Heimbecker, Limited have announced that they have signed a definitive agreement under which Exceldor will acquire P&H Foods. Included in the transaction are the primary turkey processing plant located in Hanover, Ontario, and a joint venture interest in Golden Valley Farms consisting of a further processing plant located in Arthur, Ontario. P&H Foods produces and sells products under the Butterball brand in Canada under a licensing agreement with Butterball, LLC, headquartered in Garner, North Carolina. The transaction is expected to close in the third Quarter of the current calendar year, shortly after required regulatory approvals are received. The terms of the transaction were not disclosed.
“The acquisition of P&H Foods gives us the opportunity not only to expand our operations outside the Province of Quebec, but also integrate Butterball to our portfolio of existing brands in Canada,” said René Proulx, Exceldor’s President and Chief Executive Officer in a press release. As a result of this acquisition, Exceldor will have revenues in excess of $625 million and its products will be sold across Canada.
Proulx says the company is excited about the growth opportunities it foresees with the Butterball brand, positioning Exceldor to be the market leader in the turkey processing industry in Canada. He notes that employees of P&H Foods will be retained.
Paul Borg, President of P&H Foods said in the joint press release that P&H is pleased to be joining Exceldor and thanked the Board of Directors at Parrish & Heimbecker, Limited for the consistent support and direction they have provided to P&H Foods over the past 31 years.
About Exceldor Cooperative
Exceldor is a cooperative whose mission is to produce poultry its customers can serve with pride. The organization, headquartered in Levis (Quebec), employs more than 1400 people and generates 500 M$ in revenues. Exceldor divides production between its Quebec plants in Saint-Damase, Saint-Anselme, Saint-Bruno-de-Montarville and Saint-Agapit. Its facilities are among the most modern in North America. Every week, Exceldor processes 1.4 million chickens and turkeys for the retail, food service and secondary processing markets.
About Parrish & Heimbecker, Limited
Parrish and Heimbecker, Limited is a private, family owned business, founded in 1909. It is involved in many aspects of agri-business including grain procurement and merchandising, milling, animal nutrition programs, poultry farming and food processing.
Dr. Harpreet S. Kochhar was announced as Canada's new chief veterinary officer (CVO), replacing Dr. Ian Alexander.
Kochhar, a veterinarian by profession, has worked for the Canadian Food Inspection Agency (CFIA) since 2002, when he joined CFIA as a senior animal biotechnology policy specialist. He's since served in CFIA's science branch and operations branch in posts including executive director of operations strategies and delivery, and executive director of western area operations.
Kochhar is also a recognized expert on animal biotechnology for the World Organization for Animal Health and has worked internationally with bodies such as the United Nations' Food and Agriculture Organization, the government noted Tuesday.
Before joining CFIA, he was an assistant professor at the University of Guelph's Veterinary College, with research interests in animal biotechnology, and worked as a vet in private practice.
Canada's CVO is meant to lead federal efforts to "effectively manage" current and emerging disease threats to protect animal and human health, and also to maintain "international trust" in Canada's inspection and certification systems as they affect export markets.
The CVO, the government said, "leads efforts to ensure that Canada's animal health community and veterinary infrastructure have the capacity and competency to effectively respond to foreign, emerging and future animal and zoonotic diseases."
The chief vet also serves as the government's chief policy advisor on animal and veterinary public health issues, working with Canada's veterinary colleges and veterinarians, along with the federal chief public health officer.
Alexander, who replaced Dr. Brian Evans in 2012 as Canada's CVO, moves to a new post as executive director of animal health science at CFIA.
Photo courtesy of Alltech International.
Dec. 4, 2013 - Nine young leaders in agricultural journalism took a GLIMPSE at how agribusiness can feed an additional three billion people by 2050 and their role in helping to save the planet at the 2013 International Federation of Agricultural Journalists (IFAJ) boot camp, sponsored by Alltech.
Held prior to the IFAJ congress in Argentina, the intensive journalistic boot camp-style workshop focused on the theme of climate change with recipients of the Alltech-IFAJ Young Leaders Award discussing agribusiness issues from around the world and further developing their skills through agricultural journalism trends discussion and analysis, social media applications and a news conference.
This year’s news conference was hosted by Gabriel Gualdoni, sales manager for Alltech Latin America and president of CAENA, Argentine Chamber of Animal Nutrition Companies. He presented the paper “Can Agribusiness Feed 3 Billion New People… and Save the Planet? A GLIMPSE into the Future” written by Aidan J. Connolly, vice president of Alltech, and his wife, Kate Phillips-Connolly. The article, recently featured in the International Food and Agribusiness Management Review, interviews 25 key industry experts and then further identifies seven key barriers that are impeding the ability of agribusiness to feed nine billion people by 2050.
“We in agriculture must think differently from how we have in the past, by adopting new technology at a faster pace and communicating in a way we never have before,” said Gualdoni.
Winners of this year’s Alltech-IFAJ Young Leaders Award from North America are Jennifer Latzke, USA, and Kim Waalderbos, Canada.
Latzke is an associate editor for High Plains/Midwest Ag Journal, a weekly farm and ranch publication based in Dodge City, Kan. She covers a range of topics such as wheat, canola, cotton, and livestock in a region from the southern counties of Kansas to the west Texas plains.
Waalderbos is a freelance writer and dairy farmer living in New Brunswick, Canada. She was raised on a farm in the Maritimes, studied agriculture at the University of Guelph and now owns a dairy farm with her partner, David. Waalderbos has been writing about agricultural stories and working with farm organizations for more than 10 years.
Other 2013 Alltech-IFAJ Young Leaders are Frida Johnson, ATL (Sweden); Carla Wiese-Smith, The Land (Australia); Darren Carty, Irish Farmers Journal (Ireland); Annette Weber, (Austria); Tienke Wouda, Niuewe Oogst (Netherlands); Denene Erasmus, Farmers Weekly (South Africa); Alona Novichkova, broadcast (Ukraine) and Rouven Zietz (Germany). Jyotika Sood, Down to Earth (India), was also chosen for the award, but was unable to attend the congress.
Candidates were nominated by their respective agricultural journalism guilds. The selection process consisted of points for a written submission, judges’ impression of the candidates’ leadership potential, their proven leadership abilities and a narrative explaining their interest in the young leaders’ program. Almost 70 young journalists have strengthened their skills and expanded their global network through this program, now in its eighth year.
"IFAJ is grateful for Alltech's commitment to leadership, education and global communications in our federation," says Owen Roberts, IFAJ vice-president. "Young leaders are vital for the longevity of agricultural journalism guilds throughout IFAJ, and support from Alltech is making a difference in the future of the profession."
For more information on Alltech, visit www.alltech.com.
In order to maximize growth, the optimization of brooding is an important step in proper flock management, according to Dr. Stewart Ritchie, president of Canadian Poultry Consultants and S.J. Ritchie Research Farms. Ritchie, who farms broilers in Abbotsford, B.C., knows how important brooding is.
“In my situation, I was responsible for deficiencies in some of the critical management factors associated with brooding in our farm,” he said. “The journey to start collecting data, reading articles and discussing brooding in more detail with other poultry enthusiasts resulted in the development of a Platinum Brooding® checklist.”
Simply put, the Platinum Brooding program is a checklist-based approach to setting up the brood chamber
prior to and during the brooding period. It is primarily focused on setting up a zone of comfort through the use of accurate measurements, by allowing all the chicks to consume food and water soon after placement, and by setting up their steady state eating patterns early.
“This can have a direct influence on the prevention and mitigation of various diseases, both infectious and non-infectious,” he said.“When precision nutrition and precision management meet, genetic potential is more
likely to be achieved.”
Platinum Brooding has risen in popularity in the eight years since its creation because of its positive results, according to Ritchie, as well as the fact that it can be adapted to meet individual barn specifications. Since its inception, the program has been presented at numerous scientific, industry and corporate meetings over the years, and it continues to be changed and adapted for various purposes.
Currently, classes are held regularly – four or five a year – that correspond to the instructors’ broiler farm placement schedule, and each class is approximately six to seven hours in length. Each class begins with a start-up session on biosecurity, followed by a detailed examination of brooding, completion of the Platinum Brooding checklist and familiarization with the use of various sensors.
The class then finishes with a session on chick necropsy, anatomy and disease.
“It is very important that if higher morbidity or mortality is experienced an accurate diagnosis is critical to provide the correct interventions, such as the adjustment of feed and water delivery systems or temperatures, for example,” said Ritchie.
More information about the classes can be found at http://www.platinumbrooding.com/classes.
“In developing the Platinum Brooding class, I have received a lot of help from others; for example, with our class at the farm in Abbotsford, Dr. Vicki Bowes and Dr. Bill Cox present excellent information on chick diseases, anatomy and the fundamental importance of biosecurity for our intensive rearing conditions,” he added. The Aviagen Production School and the University of Georgia have both also incorporated the class into their curricula.
As well, the Platinum Brooding class has recently been incorporated into the British Columbia Broiler Chicken Marketing Board regulations as a requirement for new entrants. “We have also invited the students who participate in the Animal Welfare program at the University of British Columbia, as it is a lot of fun to discuss our brooding (and growing) conditions with these students,” commented Ritchie.
EVERYONE IS INVITED
The instructors invite industry representatives and scientists to attend the class; it has proven to be very productive for students not only to interact with industry representatives in the classroom but also to gain hands-on experience.
While there are plans to possibly expand the Platinum Brooding class to other regions, Ritchie said that the focus for now is to continue to promote disciplined brooding as it can provide benefits to health, food safety, animal welfare and environmental stewardship that help farmers and consumers.
According to the report, Maple Leaf experienced an overall net loss of $14.7 million, compared to a profit of over $20 million at the same time last year. As well, its adjusted operating earnings was $22.8 million, compared to $63.1 million in Q2 2012.
Michael H. McCain, the president & CEO, said that the market conditions from Q1 2013 affected Q2 earnings, but improvements were made in key areas.
He added in a statement: "Hog production returns, global pork markets and volatile raw material markets all contributed to a material year-over-year earnings decline. This was compounded by the costs of transition and start-ups in our new prepared meat manufacturing and distribution network. These factors more than offset strong growth in prepared meats volumes from earlier in the year and solid improvement in the Bakery segment, which we expect will accelerate. Market conditions are expected to improve and our commercial fundamentals are good. Overall, we are satisfied with our strategic progress, although we are now at the peak of change and expect earnings volatility through this transition."
Additionally, oversall sales declines 3.7 per cent from last year, and the Meat Products Group (pork, poultry, turkey and prepared meats) saw sales decline 3.2 per cent to $751.3 million.
Kurt and Marlene Dramm have completed the planned ownership transfer to their son Hans Dramm and daughter Heidi Dramm Becker. "The Dramm Family has been in continuous businesses including meat, flowers and manufacturing since 1853." said Kurt Dramm, "Therefore I am exceptionally pleased and proud that my children Heidi Dramm Becker and Hans Dramm will continue the tradition of a family owned company."
Kurt and Marlene Dramm will remain on the board of directors and Kurt will continue at the company on a daily basis as Chairman Emeritus.
Hans Dramm has been named chief executive officer, but will also continue his responsibilities as Chief Financial Officer and as a member of the board of directors. "It is wonderful to have the stewardship of the Dramm Corporation continue through the succession to the next generation of family members," said Hans Dramm.
Heidi Dramm Becker has been named executive vice president and her responsibilities will center on corporate identity and communications, and she will also continue to serve as a member of the board of directors and as the face of the Dramm brand in all of the marketing and advertising materials. "It is an honor and a privilege to play a role in carrying on our family's history of the Dramm Corporation." said Heidi Dramm Becker, "As the Dramm Corporation moves into the future, we will continue to build on the tradition and values of the past generations."
Lastly, son-in-law Kurt Becker has been named executive vice president, where he will also continue his responsibilities as director of commercial sales and marketing and serve as a member of the board of directors.
For more information, please visit www.dramm.com.
May 21, 2013, Clair, NB - In a ceremony attended by more than 700 guests, Réjean Nadeau, President and CEO of Olymel l.p. and also President of Sunnymel and Thomas Soucy, CEO of Groupe Westco Inc., and Vice President of Sunnymel, took part in the traditional ribbon cutting ceremony, officially inaugurating activities at the new Sunnymel chicken slaughterhouse and cutting plant in the Village of Clair, New Brunswick. The event was attended by many elected officials, including the Premier of New Brunswick, the Honourable David Alward and Minister of Aboriginal Affairs and Northern Development and Member of Parliament for Madawaska-Restigouche, Bernard Valcourt.
This more than $50 million investment was made possible through the business partnership between Groupe Westco, one of the largest poultry producers in the country, and the Quebec agrifood processing and distribution giant Olymel, the leader in its field in the Canadian market, which exports its products to more than sixty countries.
The plant, which gradually started operations on November 30 last year, already employs close to 200 persons, and its products are now gaining an enviable share of the Maritimes market as well as distribution channels for other provinces. When it reaches its full slaughtering capacity, the Sunnymel plant will process 12,000 chickens per hour, or about 450,000 birds per week, which represents a major opportunity for all players in the New Brunswick poultry supply line.
A SIGN OF CONFIDENCE IN THE FUTURE
Guests in attendance included Sunnymel managers, employees and their families, as well as several representatives from various levels of government, notably the Minister Responsible, Northern New Brunswick Initiative, Paul Robichaud; the Member of the Legislative Assembly for Madawaska-les-Lacs, Yvon Bonenfant; the Minister of Social Development, Madeleine Dubé; the Minister of Post-Secondary Education, Training and Labour, Danny Soucy; and the Mayor of the Village of Clair, Pierre Michaud.
The Premier noted that the opening of this new facility demonstrates great confidence in New Brunswick's capacity for economic development. "Alliances like the one between Olymel and Groupe Westco help create jobs here and promote our products and the know-how of our producers and workers. This partnership draws on the innovativeness and strength of our workforce here in New Brunswick. This achievement is fully in line with our plan to create jobs and grow the economy by working with innovative partners like Westco and Olymel," Premier Alward went on to say.
Representing the federal government, the Minister of Aboriginal Affairs and Northern Development and Member of Parliament for Madawaska-Restigouche, Bernard Valcourt added: "Our Government is committed to creating jobs, growth and long-term prosperity in our communities across Canada. That is why we are proud to support upgrades to the Sunnymel facility. These investments will help the company to become more efficient and productive, which will in turn contribute to the economic growth of this region."
Village of Clair mayor Pierre Michaud welcomed the economic activity created by the presence of the Sunnymel plant on the municipality's territory. "For 5 years, Clair has been a real partner in this project, which is a major factor in the revitalization of our community. Sunnymel constitutes a guarantee of stability, as it enables a large number of our residents to look to a future right here in Clair with optimism," Mr. Michaud noted.
SUNNYMEL A KEY PLAYER IN THE NEW BRUNSWICK POULTRY INDUSTRY
Groupe Westco President and CEO Thomas Soucy and Olymel President and CEO Réjean Nadeau were behind the Sunnymel business partnership, formed by the two companies with equal shares to build this plant. They both took the opportunity to thank all those who, in one way or another, believed in this project and made it possible. "This plant represents five years of solid effort and hard work to bring our products from our poultry producers to market. It's a dream we saw on paper for 5 years that is now real, and provides employment to some 200 people and creates many economic benefits for suppliers and services in the region. Sunnymel is a guarantee that producers like Westco can become part of the value chain for their products and create a bond of trust with consumers. This is a great day for the poultry industry in New Brunswick," Thomas Soucy declared.
"Olymel's presence in New Brunswick through our partnership in Sunnymel translates our ambition to expand our market shares in Canada. Our partnership with Westco, one of the most dynamic poultry producers in the country, is a success factor. In the Madawaska region we have found a great home, a committed, dedicated workforce, quality products and an undeniable desire for development. We interpret the presence here today of Premier Alward, the Honourable Bernard Valcourt, the mayor of Clair and all those who accepted our invitation as a sign of confidence in what we have set out to build, and will keep alive for a long time with the invaluable assistance of our managers and employees," Olymel CEO Réjean Nadeau concluded.
AN EFFICIENT NEXT GENERATION PLANT
The Sunnymel plant uses next generation equipment and manufacturing processes, and its production efficiency is unique in the food processing industry in New Brunswick. The plant also includes the most modern facilities in order to meet the highest environmental standards, especially as regards wastewater treatment, and it strictly follows provincial standards in this area.
After starting operations gradually over the past 5 months, the plant already employs some 200 persons, represented, apart from managers, by the United Food and Commercial Workers Union-UFCW Local 503. The poultry supply comes mainly from New Brunswick, but also Nova Scotia. The Sunnymel plant operates under federal jurisdiction and under the supervision of the Canadian Food Inspection Agency (CFIA), and the facility is HACCP (Hazard Analysis and Critical Control Points) certified. Sunnymel has also embarked on the process of obtaining Safety Quality Food (SQF) certification, a food safety standard that is recognized internationally by the Global Food Safety Initiative (GFSI).
Common groundOver one hundred years ago the wild turkey was a…
Bird flu suspected at UK poultry facilityFebruary 16, 2017 – Up to 23,000 chickens are expected…
Biomin hosts antibiotic-free production eventFebruary 17, 2017 – Biomin welcomed 145 delegates from 23…
Perspectives: February-March 2017Health leaders around the world are using words like “historical”…
Western Poultry ConferenceMon Feb 27, 2017
Alberta Poulty Industry Annual General MeetingsTue Feb 28, 2017
The Food and Beverage ConventionThu Mar 02, 2017
Manitoba Turkey Producers' 48th Annual General MeetingTue Mar 07, 2017 @11:30AM - 04:00PM
London Poultry ShowWed Apr 05, 2017
Canada's Food Loss and Waste Forum | Finding solutionsWed Apr 12, 2017