date:Apr 08, 2014
Quality Meat Packers and Toronto Abattoirs Ltd. have filed for court protection from creditors, according to local news reports.
Both companies plan to continue operations while restructuring under Canadas bankruptcy laws. Headwinds for the pork processors include higher prices for hogs combined with the spread of Porcine Epidemic Diarrhea virus (PEDv) that has killed piglets on Canadian hog farms.
Quality Meat Packers is one of the largest pork processors in Ontario and one of four federally