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Thursday, 12 August 2010 10:07 |
BEDFORD, N.S. — With this summer’s sustained hot weather, many consumers across the country have been flocking to their local ice-cream shop, for a cool, tasty treat. However, if those consumers happen to be in New Brunswick, they may be leaving empty-handed, as a strike at Northumberland Co-operative Dairy’s packing plant, Farmers Dairy in Bedford, N.S., has put a serious crimp in the supply of many popular flavours in the province.
According to CBC News, the strike, which began July 10, has sent Northumberland’s management scrambling to provide alternative flavours as supply dwindles. The shortfall has forced some of its client shops to scope out new suppliers.
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High Spirits at High Liner |
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Wednesday, 11 August 2010 11:37 |
LUNENBURG, N.S. — High Liner Foods Incorporated has reported financial results for the 13-week period ended July 3.
According to the company, sales in terms of pounds was relatively unchanged at 39.5 million, but net income increased by 4.2 per cent to $4.4 million. "Our second quarter results were highlighted by growth in profitability across all key measures," says Henry Demone, president and CEO, High Liner Foods Incorporated. "Our bottom line continued to benefit from lower input costs and a stronger Canadian dollar, as well as our ongoing commitment to cost management. We remain focused on executing against well-defined business objectives, which during the second quarter, allowed us to maintain strong profitability despite lower dollar sales resulting from a stronger Canadian dollar, lower prices on commodity products in a low raw material cost environment and higher promotional spending, which is netted against sales, to drive volume."
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