LA BROQUERIE, MANITOBA – La Broquerie, Manitoba-based pork processor HyLife Ltd. and Mankato, Minn.-based Taylor Corp. have teamed to purchase 75% equity of Prime Pork, Windom, Minn. Prime Pork recently renovated its facility and currently processes approximately 1.2 million hogs annually.
“Prime Pork will allow us to expand our operations into the United States,” said Grant Lazaruk president and chief executive officer of HyLife. “Plants in both Canada and the US will strengthen our supply chain, giving us further diversity in our operations to better serve our customers around the world.”
Prime Pork produces and processes pork with hog farming operations throughout Minnesota as well as its Windom processing facility. The hog farm operators own the pigs and contract third-party barn facilities, feed and management.
Taylor Corp. holdings include various agricultural holdings, the NBA’s Minnesota Timberwolves and WNBA’s Minnesota Lynx and the Star Tribune.
“I have been really pleased with the start-up of Prime Pork in Windom,” said Glen Taylor, chairman and CEO of Taylor Corp. “With this new partner and leadership, I am confident this partnership will be great for the community, employees and area producers. Prime Pork’s location in southern Minnesota provides an abundance of resources, securing hog supply and the other raw materials required to operate a processing facility efficiently.”
The acquisition will add an additional 660 Prime Pork employees to HyLife’s staff.
“This is a unique opportunity to be able to team up with an operation that already has a network of producers, customers, and employees,” Lazaruk said. “Our company puts great emphasis on taking care of our employees and our communities. We are eager to continue to build on what Prime Pork has done in Windom and the communities in the surrounding area.”