Hytek completes Springhill Farms purchase
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Hey there, time traveller!
This article was published 04/02/2008 (6540 days ago), so information in it may no longer be current.
Hytek Ltd., the La Broquerie-based pork producer, has concluded its purchase of the Springhill Farms hog processing plant at Neepawa.
“We are very excited about the future of Springhill Farms. We look forward to working with our employees at the plant and to work closely with the community as we take the plant to the next level,” Guy Baudry, a Hytek vice president and Springhill’s new CEO, said today.
Springhill Farms, which opened in 1986, had been owned by a group of Manitoba Hutterite colonies.
Hytek, which first announced its intention to purchase the facility last October, did not reveal how much it paid for the plant.
But the company said it intended to spend $35 million to modernize it over the next two years — a process it expects will lead to the creation of 200 permanent jobs. Some 350 people already work there.
The company plans to boost the plant’s slaughter capacity to 4,000 hogs per day from the current 3,400 and expand its ability to produce specialized cuts of meat.
Hytek had hoped to build a $200-million hog slaughtering and processing facility in Winnipeg, but opted instead to purchase Springhill Farms after Premier Gary Doer withdrew his support for the controversial OlyWest project during the last year’s provincial election campaign.