HyLife Ltd. of Manitoba is buying 75 per cent control of Prime Pork of Windom, Minnesota.
The deal increases HyLife’s hog slaughtering and pork processing capacity to 3.2 million hogs per year.
Prime Pork employs 660 workers processing about 1.2 million hogs a year and also owns hog farms.
“Prime Pork will allow us to expand our operations into the United States,” Grant Lazaruk, HyLife’s chief executive, said in a news release.
Prime Pork’s parent company, Taylor Corp., is Minnesota’s 10th-largest privately held company with holdings in a variety of agricultural entities, the National Basketball Association’s Minnesota Timberwolves, the Women’s National Basketball Association’s Minnesota Lynx.