HyLife recently announced that it has purchased 75% equity interest of Prime Pork LLC from Taylor Corp.
Prime Pork is a recently renovated processing facility that produces, processes and sells pork products out of Windom, Minn. The plant currently processes approximately 1.2 million hogs per year. This will increase HyLife’s processing capacity to 3.2 million hogs annually.
“Prime Pork will allow us to expand our operations into the United States,” HyLife president and chief executive officer Grant Lazaruk said about the acquisition. “Plants in both Canada and the U.S. will strengthen our supply chain, giving us further diversity in our operations to better serve our customers around the world.”
Glen Taylor, chairman and CEO of Taylor Corp., said, “I have been really pleased with the startup of Prime Pork in Windom. With this new partner and leadership, I am confident this partnership will be great for the community, employees and area producers.”
He continued, “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.”
Lazaruk said the purchase is a unique opportunity to team up with an operation that already has a network of producers, customers and employees.
“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,” he added.