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"Canada: "Heinz has prospective buyer for Leamington plant"

According to The Global Mail, a deal to keep the Heinz food-processing plant open in Leamington, Ontario, could save a few hundred of the more than 700 positions slated to be cut.

On Tuesday, a source said an announcement to keep at least part of the Southwestern Ontario plant in operation producing tomato juice is expected on Thursday morning.“Heinz has a prospective buyer for the plant,” a source said.

Leamington Mayor John Paterson said there have been discussions for months involving the H.J. Heinz Co., groups of investors and government. He said the talks recently were narrowed down to one group that he would not name. This group of investors, he said, told him to be in town on Wednesday.

Click here to read the entire article at theglobeandmail.com
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