Highbury Canco

Heinz has announced it has reached a preliminary deal with Highbury Canco Corp. which will allow the company to acquire its tomato processing plant in Leamington, Ontario, thus saving it from closure. According to the Huffington Post, Heinz is a major employee in the Ontario town and had announced plans last November to close the facility by late June this year. The closure would put close to 800 full-time employees …