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- Sold our non-core animal nutrition
business for gross proceeds
of $525 million
- Invested over $237 million in capital
projects to reduce costs and add
capacity in our manufacturing and
distribution network
- Recognized as one of Canada's 10 Most
Admired Corporate Cultures
- Launched more than 100 new products
in our protein and bakery businesses
- Started construction on our new food
innovation centre, expected to be
completed in early 2009
- Achieved major growth in our U.K.
business, establishing it as a leading
specialty bakery
- Materially offset raw material inflation
through price increases
- Diversified our fresh bakery
business into the sweet goods and
sandwich markets
- Double-shifted front-end processing
at our Brandon pork plant, enabling the
closure of two older facilities
- Established a modern, scale plant
in Ontario with capacity to support
growth in value-added, packaged meat
and meals
- Substantially restructured our hog
production operations, which was
completed in early 2008
- Increased capacity utilization in our
poultry and processed meats
network through the closure of four
sub-scale facilities
- Laid the groundwork to create a shared
services organization to streamline
and improve the efficiency of core
business processes
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