Maple Leaf Foods Announces Closure of Two U.S.-Based Plant-Based Meat Facilities
Maple Leaf Foods (MFI.TO) announced the closure of two plant-based meat manufacturing sites in Seattle, Washington, and Turners Falls, Massachusetts. The closures are part of a strategy to streamline operations, reduce costs, and improve profitability amid declining demand for plant-based products. Operations at these facilities will be phased out over 12–18 months, with production consolidated into one
Tickers: $MLFNF
Topics: manufacturing restructuring plant-based meat profitability strategy