Maple Leaf Foods

Maple Leaf Foods

Maple Leaf Foods Inc.

Type	Public
Traded as	TSX: MFI
Key people	Michael H. McCain (President and CEO)
Industry	Food processing
Revenue	CA$ 3.9 billion (2019)
Operating income	CA$ 267.6 million (2019)
Net income	CA$ 163.4 million (2019)
Assets	CA$ 5.2 billion (2019)
Employees	12,500 (2019)
Website	[mapleleaffoods.com Official website]

Maple Leaf Foods Inc. is a Canadian food processing company headquartered in Mississauga, Ontario. It is one of the largest producers of meat and plant-based protein products in Canada. The company was founded in 1927 by J. W. Schneiders and has since grown to become a leading player in the food industry.

History

Maple Leaf Foods has a rich history that dates back to its founding in 1927. J. W. Schneiders, a German immigrant, started the company as a small meat packing business in Kitchener, Ontario. Over the years, the company expanded its operations and product offerings, becoming a trusted name in the Canadian food industry.

In 1991, Maple Leaf Foods acquired Canada Packers, a major competitor in the meat processing industry. This acquisition further strengthened Maple Leaf Foods' position in the market and allowed the company to diversify its product portfolio.

In recent years, Maple Leaf Foods has made significant investments in plant-based protein products. The company recognizes the growing demand for alternative protein sources and aims to be a leader in this emerging market. Maple Leaf Foods' plant-based protein brand, Greenleaf Foods, offers a range of products that cater to consumers looking for sustainable and ethical food choices.

Products and Brands

Maple Leaf Foods offers a wide range of products under various brands. Some of the notable brands owned by the company include:

• Schneiders: A well-known brand offering a variety of meat products, including deli meats, sausages, and bacon.
• Maple Leaf Prime: A premium brand that focuses on high-quality chicken and turkey products.
• Maple Leaf Natural Selections: A brand that offers natural and organic meat products, including deli meats and hot dogs.
• Greenleaf Foods: Maple Leaf Foods' plant-based protein brand, offering products such as burgers, sausages, and nuggets made from plant-based ingredients.

Sustainability Initiatives

Maple Leaf Foods is committed to sustainability and has implemented various initiatives to reduce its environmental impact. The company has set ambitious targets to reduce greenhouse gas emissions, water usage, and waste generation across its operations.

In 2019, Maple Leaf Foods became the first major food company in the world to become carbon neutral. The company achieved this milestone by investing in renewable energy projects and implementing energy-efficient practices throughout its supply chain.

See Also

• List of food processing companies
• Plant-based diet
• Sustainable agriculture

External Links

• Official website