Maple Leaf Foods to invest in innovation center
April 26, 2007
by Keith Nunes
TORONTO — Maple Leaf Foods Inc. announced plans to build a food innovation center to enhance product development efforts in the company’s global meats and bakery businesses. Maple Leaf will invest $12 million in the center.
"Over the past few years Maple Leaf has grown our portfolio to provide consumers with exciting new products that deliver taste, nutrition and convenience," said Michael McCain, president and chief executive officer. "We want to accelerate our leadership in innovation, which is fundamental to broadening and deepening our customer relationships and achieving our financial goals. This food center will provide a powerful catalyst to drive new product development. The result will be a focused and profitable stream of innovations that build on our strengths as a value-added meats and meals and bakery company."
Resources housed at the center will include culinary facilities, food service kitchen, sensory and product development space, teaching facility and library.