Question
please help me with paraphrasing some statement about Maple Leaf Food Inc. 1, Maple Leaf is still paying an $80 million a year price to
please help me with paraphrasing some statement about Maple Leaf Food Inc.
1, Maple Leaf is still paying an $80 million a year price to support sales of its processed meats after the listeria outbreak at a Toronto plant in August 2008. The crisis hit just as the company was launching a strategic plan in response to a glut of hogs on the global market and a rising Canadian dollar.
2,The transition has been anything but painless for the company, its shareholders and employees, with more than 1,000 of 12,000 jobs gone and several quarters of multimillion-dollar losses. The revamp cost $97-million in 2014 and is expected to cost another $13million this year, Mr. McCain said in a call with analysts on Thursday.
3,"We are setting high standards for ourselves in areas where Maple Leaf can have the greatest impact, including animal care, nutrition, environmental impact and food security. Sustainability is a profound opportunity to create shared value by addressing critical issues that also deliver commercial opportunities. The issues are daunting, but as Canada's largest protein company, we want to be at the leading edge of change."
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