Mission Produce Inc T.AVO

Primary Symbol: AVO

Consumer Defensive Packaged Foods

Mission Produce, Inc. is engaged in the farming, packaging, marketing, and distribution of avocados to food retailers, distributors and produce wholesalers. It operates through three segments: Marketing and Distribution, International Farming, and Blueberries. Its Marketing and Distribution segment sources fruit from growers and then distributes the fruit through its global distribution network. Its International Farming segment owns and operates orchards from which all fruit produced is sold to its Marketing and Distribution segment. Its farming activities range from cultivating early-stage plantings to harvesting from mature trees. Its Blueberries segment is a farming operation that cultivates blueberry plants in Peru. It provides value-added services including ripening, bagging, custom packaging, logistical management, and quality assurance. The Company also provides its customers with merchandising and promotional support, insights on market trends and hands-on training.

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Mission Produce Inc

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Post by abolduc3106on Jul 06, 2015 9:19am

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Canada manufacturing activity hits 2015 high in June

https://www.theglobeandmail.com/report-on-business/economy/canada-manufacturing-activity-hits-2015-high-in-june/article25226710/

Canada manufacturing activity hits 2015 high in June

TORONTO — The Canadian Press

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A gauge of business conditions for Canada’s manufacturing sector moved into positive territory in June for the first time since January, although Alberta and B.C. continued to lag other regions.

The RBC Canadian manufacturing index rose to 51.3 last month, indicating the sector’s purchasing managers were generally optimistic about growth prospects.

RBC says the Alberta-British Columbia index remained negative at 44.7 — mainly because of the impact of the drop in oil prices since last year — but the other three regional indexes were above the 50.0 mark that indicates expansion.

Ontario’s regional index hit a seven-month high of 57.0, up from 55.5 in May.

“The province was likely a main beneficiary of rising exports with lower oil prices both supporting U.S. growth and weakening the Canadian dollar,” Royal Bank said in its analysis Thursday.

The Quebec index rose to 52.0 from 50.1 in May and the “Rest of Canada” index rose to 57.5 from 55.9 in May.

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