LEAMINGTON, Ont. — Hundreds of jobs are set to be saved this week as Highbury Canco Corporation has signed a letter of intent to acquire the Heinz facility in Leamington, Ont., which was set to close.
“Heinz is pleased to announce that we have signed a letter of intent with Highbury Canco Corporation, a Canadian company (Highbury Canco Corporation), to acquire the Heinz Leamington facility and for Highbury Canco Corporation to act as co-packer for Heinz,” said Michael Mullen, SVP of Corporate and Government Affairs at Heinz, in a statement to the CBC. “The signing of this letter of intent is great news for Heinz and for Leamington, Ontario and is subject to successful completion of the full transaction.”
Highbury Canco intends to employ approximately 250 employees.
In November, the H.J. Heinz Co. announced it would close the Leamington plant in 2014. Heinz has operated in the community since 1909 and is the biggest employer in the Southwestern Ontario town.