Xl foods

[GreenValley]

ASRG, I have read Sheri article, she is
very good journal writer and very
knowledge of going happening XL crisis
problem. Very impressing of her writing.
Hope not Cargill may other problem. What
up with CFIA should have report sooner
than delay, shame on them. Perhaps bed
with FSIS to get XL killed I don't know
but I get feeling. NB is Canadian and
Cargill is not so I figure myself.

[sumdumguy]

You gotta woder where these 45 inspectors were.
Me thinks this occurence may not be one- off.

[blackpowder]

to me this is also the result of a 0 % tolerance policy
being touted as realistic and expected.

[Kodiak]

From the Herald------
CALGARY — An embattled Alberta meat packer will soon be managed and possibly bought by the world’s largest animal protein processor.

Effective immediately, XL Foods Inc. has reached a deal with Brazilian-controlled JBS to operate its feedlots and processing plants, including the 4,000 head-a-day facility in Brooks that was shuttered recently by federal food inspectors due to an E. coli scare.

“We know full well the commitment it takes to manage world-class operations that produce safe and nutritious products,” Bill Rupp, president of JBS’s U.S. division, said in a prepared release.

“We believe our experienced team will provide an invaluable asset in the management of XL Lakeside and we look forward to to exploring our options to purchase XL assets in the near future.”

Under the deal, JBS has the exclusive option to buy the Lakeside plant, feedlot and farming operations in Brooks, plus packing facilities in Calgary, Omaha, Nebraska and Nampa, Idaho, for $100 million. Half the payment would be in cash and half in JBS shares.

“Under no scenario will JBS assume any of XL Foods’ debt or liabilities,” the company release said.

Federal Agriculture Minister Gerry Ritz said in an e-mailed statement that the move wouldn’t affect the timetable or requirements for reopening the plant.

“While this is a private business decision, Canadian consumers can be assured the Canadian Food Inspection Agency will enforce the same rigorous food safety standards at the Lakeside facility regardless of the management,” Ritz said.

Officials with Nilsson Bros Inc., XL’s parent company, could not be reached immediately for comment, but a company insider said the firm had been hit hard by the recent closure of its Brooks plant and the country’s largest ever beef recall.

With sales of more than $30 billion a year, JBS S.A. became the world’s largest company in the beef sector with its 2007 acquisition of the U.S.-based Swift and Company.

South of the border, the firm operates eight cattle processing plants, one processed meat facility, a tannery and a dozen feedlots.


Read more: http://www.calgaryherald.com/Industry giant takes over Food operations/7404767/story.html#ixzz29bw7dH8y