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2025 a ‘challenging’ year for AGT Food and Ingredients

1 month ago

2025 a ‘challenging’ year for AGT Food and Ingredients

Despite lower revenue and a larger loss in 2025, AGT Food and Ingredients, and its majority owner Fairfax Financial, are confident that a recent IPO and investment will prove fruitful.

Kraft Heinz to invest $250 million in Montreal factory

Kraft Heinz Canada announced a $250 million investment to modernize its Mont Royal factory in Montreal. These funds will be directed toward upgrading and modernizing systems at the facility, that employs more than 1,000 employees.

Molson Coors appoints Meijer as sales president

Molson Coors Beverage Company announced that Will Meijer will join the company on April 13 as president, Canada sales. Based in Toronto, Meijer will serve on the company’s senior leadership team, reporting to president and chief executive officer Rahul Goyal.

Unilever discussing sale of foods division to McCormick

Unilever is in talks to sell its food business to McCormick, in what would be the biggest overhaul since it was founded almost a century ago. The Anglo-Dutch consumer goods company said Friday it had received an offer from the Maryland-based spices and seasonings maker.

Tulkoff foods acquires Celtrade Canada

Tulkoff Foods, which makes custom sauces, condiments and ingredients, has officially joined forces with Celtrade Canada, a leading private label manufacturer known for crafting standout sauces and flavor solutions for retail, foodservice, and industrial partners across North America.

Dainty Foods to open facility in the U.S.

Dainty Foods, a Canadian-based producer of private-label rice and meal solutions, will establish its first U. S. plant in Batavia Township, Ohio, spending US$150 million over five years. The facility is expected to create 240 new jobs.

Toronto couple offers sustainable pet food

Isaac Langleben and Jacqueline Prehogan began Open Farm in 2014. Today, the firm's products are available at some 8,500 stores in eight countries on Amazon, and on its website, and it shipped more than a million orders last year.

 

Tim Hortons launches campaign with Ryan Reynolds

Following the success of the Ryan's Scrambled Eggs breakfast box, Ryan's Signature Donut is another brand new innovation for Tims guests to enjoy. Ryan's Signature Donut features a new soft and fluffy donut recipe.

Major cuts in the works at Agriculture Canada

In the next three years, Agriculture Canada will eliminate about 665 positions. Most of those job losses — possibly 494 —  will be in the department’s science and innovation branch.

Saskatchewan crop insurance changes adjuster model

Saskatchewan Crop Insurance is moving toward permanent, full-time adjusters. Darby Warner, executive director of insurance, said the corporation hired its first one about five years ago and intends to have a complement of 40.

Inspectors destroy items at two Barrie, Ont. restaurants

A routine inspection on Feb. 5 at Big Pho on Commerce Park Drive in Barrie resulted in equipment and product being seized and destroyed, according to the Simcoe Muskoka District Health Unit. The inspector discovered multiple critical and non-critical infractions.

Scientists develop new antimicrobial for sanitization

Efforts to prevent pathogenic contaminations such as salmonella in dry food processing facilities will take a step forward through new research from the University of Massachusetts Amherst describing a novel chemical mixture for sanitation in low-moisture environments.

Sensors reveal how farming destroys soil's structure

Soil is often perceived simply as dirt, but in reality, it is a dynamic, living system that acts as Earth's sponge. Unfortunately, common agricultural practices — including deep plowing and the use of heavy machinery — can severely disrupt this natural system.

 

Iran war strangles fertilizer supplies

Fertilizer could become a sparse commodity as the spring planting season approaches, sparking fears of a global food shortage and higher grocery prices if the Iran war and the closure of the Strait of Hormuz continue much longer.

China restricts fertilizer exports, further crimping supply

China is clamping down on fertilizer exports to protect its domestic market, a number of industry sources said, putting an additional strain on global markets that ​were already grappling with shortages caused by the U.S.-Israeli war on Iran.

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