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Maple Leaf Foods to sell pork processing business


November 9, 2010
By The Canadian Press

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Nov. 9, 2010, Toronto – Maple Leaf Foods Inc. (TSX:MFI) says it has decided to
sell its Ontario pork processing business for $20 million.

Nov. 9, 2010, Toronto – Maple Leaf Foods Inc. (TSX:MFI) says it has decided to
sell its Ontario pork processing business for $20 million.

The Toronto-based food processing company said that Sun Capital
Partners Inc. bought the operations in a transaction that's expected
to close "within the next few days."

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Maple Leaf had announced in May that it was putting the pork
processing business up for sale again after a failed attempt to
unload the facility at the height of the credit crunch in 2008.

The Burlington, Ont.-based pork operation is one of the largest
pork processing facilities in Canada.

The plant currently employs 1,000 people and processes about 1.6
million hogs a year.