|By PR Newswire||
|December 10, 2012 09:01 PM EST||
Company Acquires Frozen Potato Plant in Lethbridge, Alberta
DIEPPE, NB, Dec. 10, 2012 /CNW/ - Cavendish Farms announced today it had concluded an agreement to buy the assets of Maple Leaf Potatoes, the frozen potato business of Maple Leaf Foods Inc., including a 142,000 sq. ft. processing facility in Lethbridge, Alberta. The transaction is expected to close by year-end 2012.
"Cavendish Farms is focused on growth opportunities that are a good fit for our existing business. This announcement will result in a more competitive Cavendish with stronger capabilities to service our customers from coast to coast in North America. It enhances our national distribution network in the foodservice and retail sectors in Canada and builds on our strong position in the United States," said Robert Irving, President of Cavendish Farms and Co-Chief Executive Officer of J.D. Irving, Limited.
The company expects to retain all employees currently working at the Lethbridge plant in addition to international employees. "We are pleased to be able to offer continued employment to those employees and look forward to their contributions as members of the Cavendish Farms team," Mr. Irving said. "The Lethbridge plant is a well-maintained facility whose 135 employees produce quality frozen potato products for customers in Canada, in the United States and in key export markets."
Mr. Irving said he also looked forward to meeting with potato growers, suppliers and local stakeholders: "A plant of this size and scale is important to the local economy in the City of Lethbridge, providing sustainable jobs and an anchor to the growing community in Southern Alberta. We want to build on those longstanding relationships and continue investing and growing the business into the future."
Cavendish Farms will continue to produce and market all products formerly offered by Maple Leaf Potatoes in the near term and will seek to retain all existing customer relationships. The Lethbridge plant currently produces a variety of high-quality products, including frozen French fries and other specialty potato products. "I personally want to assure existing customers of our commitment to uninterrupted supply, quality products and service, and, to ensuring a seamless and efficient transition to Cavendish Farms," concluded Mr. Irving.
The Lethbridge plant is strategically located in close proximity to Southern Alberta's prime agricultural region, renowned for its high yields of quality potatoes ideal for French fry production. The plant operates to the highest quality and safety standards and has been HACCP-certified since 2001.
About Cavendish Farms - Cavendish Farms is a producer of frozen potato and appetizer products in the food industry. It supplies North American and international customers for retail, restaurant and institutional use. The company operates three state-of-the-art potato processing plants - two on Prince Edward Island and the other in Jamestown, North Dakota. It also operates a fourth plant specializing in appetizer products in Wheatley, Ontario. Cavendish Farms is an award-winning leader in food safety. For more information, visit the company's website at www.cavendishfarms.com.
About J.D. Irving, Limited - J.D. Irving, Limited is a diverse, family-owned enterprise with 130 years of involvement in the New Brunswick business community. Founded in 1882, J.D. Irving, Limited (JDI) has operations in Eastern Canada and the United States. The company employs a dedicated team of approximately 15,000 employees who operate business units in Forestry & Forest Products; Road, Rail and Sea Transportation; Shipbuilding & Industrial Marine; Retail; Industrial Equipment, Construction Services & Building Materials; and Food and Consumer Products. For more information, visit the company's website at www.jdirving.com.
SOURCE Cavendish Farms
Image with caption: "Cavendish Farms logo (CNW Group/Cavendish Farms)". Image available at: http://photos.newswire.ca/images/download/20121210_C7875_PHOTO_EN_21769.jpg
Image with caption: "Cavendish Farms is acquiring a plant in Lethbridge, Alberta.The company already operates three state-of-the-art potato processing plants in North America, including the one shown here in New Annan, Prince Edward Island. (CNW Group/Cavendish Farms)". Image available at: http://photos.newswire.ca/images/download/20121210_C7875_PHOTO_EN_21767.jpg
SYS-CON Events announced today that AppNeta, the leader in performance insight for business-critical web applications, will exhibit and present at SYS-CON's @DevOpsSummit at Cloud Expo New York, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. AppNeta is the only application performance monitoring (APM) company to provide solutions for all applications – applications you develop internally, business-critical SaaS applications you use and the networks that deli...
May. 27, 2016 04:00 PM EDT Reads: 2,447
SoftLayer operates a global cloud infrastructure platform built for Internet scale. With a global footprint of data centers and network points of presence, SoftLayer provides infrastructure as a service to leading-edge customers ranging from Web startups to global enterprises. SoftLayer's modular architecture, full-featured API, and sophisticated automation provide unparalleled performance and control. Its flexible unified platform seamlessly spans physical and virtual devices linked via a world...
May. 27, 2016 03:30 PM EDT Reads: 2,168
SYS-CON Events announced today that ContentMX, the marketing technology and services company with a singular mission to increase engagement and drive more conversations for enterprise, channel and SMB technology marketers, has been named “Sponsor & Exhibitor Lounge Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York City, New York. “CloudExpo is a great opportunity to start a conversation with new prospects, but what happens after the...
May. 27, 2016 03:30 PM EDT Reads: 1,090
In the rush to compete in the digital age, a successful digital transformation is essential, but many organizations are setting themselves up for failure. There’s a common misconception that the process is just about technology, but it’s not. It’s about your business. It shouldn’t be treated as an isolated IT project; it should be driven by business needs with the committed involvement of a range of stakeholders.
May. 27, 2016 03:00 PM EDT Reads: 2,451
SYS-CON Events announced today that Isomorphic Software will exhibit at SYS-CON's [email protected] at Cloud Expo New York, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Isomorphic Software provides the SmartClient HTML5/AJAX platform, the most advanced technology for building rich, high-productivity enterprise web applications for any device. SmartClient couples the industry’s broadest, deepest UI component set with a java server framework to deliver an end-...
May. 27, 2016 03:00 PM EDT Reads: 2,141
As machines are increasingly connected to the internet, it’s becoming easier to discover the numerous ways Industrial IoT (IIoT) is helping to shape the business world. This is exactly why we have decided to take a closer look at this pervasive movement and to examine the desire to connect more things! Now if you need a refresher on IIoT and how it is changing the world, take a moment and listen to Greg Gorbach with ARC Advisory Group. Gorbach believes, "IIoT will significantly change the worl...
May. 27, 2016 03:00 PM EDT Reads: 1,919
The cloud era has reached the stage where it is no longer a question of whether a company should migrate, but when. Enterprises have embraced the outsourcing of where their various applications are stored and who manages them, saving significant investment along the way. Plus, the cloud has become a defining competitive edge. Companies that fail to successfully adapt risk failure. The media, of course, continues to extol the virtues of the cloud, including how easy it is to get there. Migrating...
May. 27, 2016 03:00 PM EDT Reads: 371
How will your company move to the cloud while ensuring a solid security posture? Organizations from small to large are increasingly adopting cloud solutions to deliver essential business services at a much lower cost. According to cyber security experts, the frequency and severity of cyber-attacks are on the rise, causing alarm to businesses and customers across a variety of industries. To defend against exploits like these, a company must adopt a comprehensive security defense strategy that is ...
May. 27, 2016 02:12 PM EDT Reads: 248
Companies can harness IoT and predictive analytics to sustain business continuity; predict and manage site performance during emergencies; minimize expensive reactive maintenance; and forecast equipment and maintenance budgets and expenditures. Providing cost-effective, uninterrupted service is challenging, particularly for organizations with geographically dispersed operations.
May. 27, 2016 02:00 PM EDT Reads: 1,988
SYS-CON Events announced today that BMC Software has been named "Siver Sponsor" of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2015 at the Javits Center in New York, New York. BMC is a global leader in innovative software solutions that help businesses transform into digital enterprises for the ultimate competitive advantage. BMC Digital Enterprise Management is a set of innovative IT solutions designed to make digital business fast, seamless, and optimized from mainframe to mo...
May. 27, 2016 01:45 PM EDT Reads: 2,156
The IoT is changing the way enterprises conduct business. In his session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, discuss how businesses can gain an edge over competitors by empowering consumers to take control through IoT. We'll cite examples such as a Washington, D.C.-based sports club that leveraged IoT and the cloud to develop a comprehensive booking system. He'll also highlight how IoT can revitalize and restore outdated business models, making them profitable...
May. 27, 2016 12:30 PM EDT Reads: 2,820
IoT generates lots of temporal data. But how do you unlock its value? How do you coordinate the diverse moving parts that must come together when developing your IoT product? What are the key challenges addressed by Data as a Service? How does cloud computing underlie and connect the notions of Digital and DevOps What is the impact of the API economy? What is the business imperative for Cognitive Computing? Get all these questions and hundreds more like them answered at the 18th Cloud Expo...
May. 27, 2016 12:00 PM EDT Reads: 2,219
SYS-CON Events announced today the Docker Meets Kubernetes – Intro into the Kubernetes World, being held June 9, 2016, in conjunction with 18th Cloud Expo | @ThingsExpo, at the Javits Center in New York, NY. Register for 'Docker Meets Kubernetes Workshop' Here! This workshop led by Sebastian Scheele, co-founder of Loodse, introduces participants to Kubernetes (container orchestration). Through a combination of instructor-led presentations, demonstrations, and hands-on labs, participants learn ...
May. 27, 2016 12:00 PM EDT Reads: 1,945
As organizations shift towards IT-as-a-service models, the need for managing and protecting data residing across physical, virtual, and now cloud environments grows with it. Commvault can ensure protection, access and E-Discovery of your data – whether in a private cloud, a Service Provider delivered public cloud, or a hybrid cloud environment – across the heterogeneous enterprise. In his general session at 18th Cloud Expo, Randy De Meno, Chief Technologist - Windows Products and Microsoft Part...
May. 27, 2016 12:00 PM EDT Reads: 503
The cloud market growth today is largely in public clouds. While there is a lot of spend in IT departments in virtualization, these aren’t yet translating into a true “cloud” experience within the enterprise. What is stopping the growth of the “private cloud” market? In his general session at 18th Cloud Expo, Nara Rajagopalan, CEO of Accelerite, will explore the challenges in deploying, managing, and getting adoption for a private cloud within an enterprise. What are the key differences betwee...
May. 27, 2016 12:00 PM EDT Reads: 1,628