Giuseppe Saputo had been a cheesemaker in his native Sicily, but ended up a pick-and-shovel worker when he immigrated to Canada in 1950. Lino Saputo also has an important stake in the trucking company TransForce of Montreal and has extensive investments in real estate, forest products, hotels and golf courses. His father, Giuseppe Saputo, arrived in Montreal from a Sicilian village in 1950 with one son. Visionary gift of $10 million from Mirella & Lino Saputo Foundation and Amelia & Lino Saputo Jr. Foundation will allow creation of a Concordia first. Municipality of District of Guysborough Council Concerned Lo... 8:25 am | Read Full Article In 2019, he was recognized as Canada’s Outstanding CEO of the Year. Involved in the third-generation, family-run business since age 13, when he wrapped specialty cheeses, he now oversees the Quebec-based company comprised of 12,800 … Saputo president and CEO Lino Saputo Jr. and his wife, Amelia, have donated $10 million to the university for expanding and upgrading its recreational facilities. This factory was rebuilt from the year 1994, ending the play in 1996. In July 2006, Saputo relied C $ 7.5 million toward the construction of the new Montreal Impact soccer stadium in Olympic Park. Saputo CEO sees cyclical downturn in dairy, not worried about supply glut - Video - BNN “A lot of our classes were together and we spent a lot of time on campus together,” said Lino Jr. “And it was a great time in our lives. “A lot of our classes were together and we spent a lot of time on campus together,” says Lino. Saputo, 82, has a net worth estimated at $6.5 billion and is one of the richest people in Canada. We have very fond memories of going to university. LINO A. SAPUTO, JR. Chairman of the Board and Chief Executive Officer Saputo Inc. Lino A. Saputo, Jr. holds a Bachelor of Arts in Political Science from Concordia University and a Doctor of Laws honoris causa from St. Francis Xavier University.He has been actively involved in the Company’s operations for over 30 years. Saputo became chairman of the board and president of Saputo Inc. in 1969, and he was named chairman and chief executive officer (CEO) in 1997 when the company went public. He's the billionaire founder and Chairman of Saputo Inc., one of the world's largest dairy producing company. In 1997 the company completed its initial public offering in Canada [1]. Lino Saputo is President/Controller at Jolina Capital Inc. See Lino Saputo's compensation, career history, education, & memberships. Lino Saputo Jr., chairman and CEO of Saputo, joins BNN Bloomberg's Amanda Lang and Bloomberg's Sherry Ahn for a look at the shifting trade winds for North America's dairy market. Lino Jr. is co-chair with Andrew Molson of the current Concordia capital campaign, which is seeking to raise $250 million for the institution. The Saputo Cheese empire was founded in 1954 by Lino Saputo in Montreal and his parents, cheesemaker Giuseppe and his wife Maria. The company produces, sells and distributes products under well known brands such as Saputo, Alexis de Portneuf, Armstrong, Baxter, Dairyland, De Lucia, Dragone, DuVillage of Warwick, Frigo, Kingsey, La Paulina, Nutrilait, Princesse, Ricrem Sir Laurier d'Arthabaska, Stella, Treasure Cave, Rondeau cookies, HOP & GO! In March 2004, his son Lino Saputo Jr. was appointed to the position of president and CEO, while Saputo continued as the company's chairman. Make a daily production of 100,000 liters. Coon cheese is dead: Foreign owners kill off controversial brand name after Aboriginal activist spent 20 years lobbying to have it changed. The name was changed from the Oland Centre to recognize a $10 million donation last year from Montreal businessman Lino Saputo Jr. and his wife Amelia to help revitalize the facility. So we have to give them the tools to move forward and do better things.”, “What we’re trying to do is build a space where folks who have different kinds of knowledge and expertise will be able to come together to address these major challenges,” said Charmaine Lyn, interim director of the Shift Centre for Social Transformation. But then you’re face-to-face with a person that needs you and maybe from that, you’ll be more understanding of what’s going on….and you’ll be able to come up with a solution to the problems.”. Saputo Inc. produces a third of all the mozzarella consumed in Canada. The Saputo Cheese empire was founded in 1954 by Lino Saputo in Montreal and his parents, cheesemaker Giuseppe and his wife Maria. In the last year, Saputo billed 483 million pesos (161 million dollars) in Argentina (18.6 percent more than in the previous cycle), with a daily processing 1.6 million gallons per day. "Since our milk production structure will generate significant annual surplus heifers with excellent genetics, so we will install new bins in the area of Villa Maria and Santa Fe", said company sources. Joey Saputo has four sons. Saputo president and CEO Lino Saputo Jr. and his wife, Amelia, have donated $10 million to the university for expanding and upgrading its recreational facilities. In 1993, he became Vice President, Operations, and in 1998, Executive Vice President, Operations. Spanish investment in new dairy In Lino Saputo's memoir, the Canadian billionaire claims he's never had ties to organized crime. Saputo was born in Montelepre, Sicily, Italy, in 1937, to Giuseppe Saputo, a cheesemaker, and his wife Maria. Amelia Saputo says the SHIFT Centre for Social Transformation will help Concordia students and researchers to contribute knowledge for a more equitable, sustainable … As CEGEP students, they chose to attend the university together. The centre will look at community issues and try to find solutions, and those issues will include food policies and sustainable development. Saputo is "Canada's Cheese King". Read more about cookies here. Please try again. For Lino Jr., the key is focusing on social entrepreneurship. If not, could you forward this site to this person. The executive explained that the company has two objectives for its international expansion strategy: "First, we are looking for manufacturing platforms that show great potential for growth. Saputo pumps $ 54 million in its business in Argentina It's a "hobby business" for Mr. Saputo, who helps his wife Amelia and 20-year-old son Emanuele run it. “We’re living downtown, so we get to see all of the changes at Concordia and it’s nice to see that and it’s nice to be part of that connection to the past and moving forward.”. A senior source told Saputo Argentina TodoAgro the Canadian-owned company, which includes brands Molfino and La Paulina, closed its balance sheet with zero profitability. Not a lot of stress, except having to pass your classes. Lino Saputo is the founder of Montreal-based cheese manufacturer Saputo Inc. and Mirella, his wife, is president of the foundation. east of San Martin of the Brooms (Prov. As of May 2014, Forbes ranks him as the seventh-richest Canadian, worth an estimated $4.6 billion. (The Canadian Press) The company, one of the most important in the dairy sector in Spain, acquired the firm in Santa Fe, Ruiz and Tremblay SRL, which produces dairy RT to start strong competition in the Argentine market. The dairy division will spend $ 150 million, while the water area will provide another $ 65 million. There’s a love story behind one of the largest donations ever to Concordia University. This advertisement has not loaded yet, but your article continues below. “Our next generation of learners are coming out of university facing the kinds of challenges that none of us could’ve imagined 10 or 15 years ago, and they need to be equipped to deal with those issues.”. Lino A. Saputo, Jr. has been the President and Chief Executive Officer of Saputo Inc. since March 30, 2004 Emanuele (Lino) Saputo is the founder of Canadian-based cheese maker, Saputo Inc. Saputo was born in Montelepre, Sicily, in 1937, a cheesemaker Giuseppe and his wife, Maria. Lino Saputo Jr. is the CEO of Saputo and Amelia, his wife, is the president of their foundation. 365 Bloor Street East, Toronto, Ontario, M4W 3L4. Lino Jr. was recruited to play on the football team at Bishop’s University, also in Lennoxville in the Eastern Townships, but when he found out Amelia was going to Concordia, he decided he didn’t want to commute back and forth all the time to see his girlfriend. There was an error, please provide a valid email address. According to Forbes 2006 "the world's richest people list", Lino Saputo is worth $ 2.4 billion and is ranked 317. Amelia is wife of Lino Saputo Jr After running the business give the cookie to Arcor in the joint-venture Bagley, the French company Danone focuses on the business of yogurt and mineral water, which announced investments worth 215 million pesos. Lino A. Saputo, Jr.’s strategy has propelled the company among the top 10 dairy processors in the world, with revenues of $11.5B. They met at a Saputo company party when the two were both at CEGEP, and they started dating soon thereafter. His face beams as he talks about the joy of watching his two sons – … Months ago has entered the European market through the purchase of a German company, while in May closed a cheese plant in Indiana (United States). It has a manufacturing plant "The Danube", located at 10km. He completed his secondary education in 1952, and the Saputo family shortly thereafter emigrated to Montreal, Canada. PostPandemic: How COVID-19 is reshaping Canada, Saputo family donates $10 million to Concordia University to help entrepreneurs. Montreal-based entrepreneur, businessman and philanthropist Lino A. Saputo, Jr. is Chairman of the Board and Chief Executive Officer of Saputo Inc., one of the top 10 dairy processors in the world. His wife and six other children, including Lino, followed in 1952. Danone invests 215 million dollars to expand production Industry sources indicated that most of the payout will be for the complex Molfino in Rafaela, which will increase its ability to dry milk powder and use that process to produce liquid whey, which is also obtained as a byproduct in the manufacture of cheese. Louis dessert. Postmedia is committed to maintaining a lively but civil forum for discussion and encourage all readers to share their views on our articles. Lino A. Saputo Jr., BA 89, and his wife, Amelia Saputo, BA 90, are proud Concordia grads. Saputo retired in 2018, handing the reins of Saputo Inc. to his son, Lino Saputo Jr. Share: in Political Science, Lino A. Saputo, Jr. joined Saputo in 1988 as an Administrative Assistant. Lino Saputo Jr. is the CEO of Saputo and Amelia, his wife, … Lino Saputo continues to serve as the president of the company's board. The company is a supplier to major supermarket chains in the country. Sign up to receive daily headline news from the Montreal Gazette, a division of Postmedia Network Inc. A welcome email is on its way. The company initially produced about 25 pounds (11.4 kilograms) of mozzarella a day. We apologize, but this video has failed to load. Saputo may refer to: Guillermo Saputo born 1977 Argentine boxer Joey Saputo born 1964 Canadian businessman and son of: Lino Saputo born 1937 Italian - born host that have peak production of 120,000 liters., all of this collected in 52 dairy farmers to carry establishments engaged. 43 percent of production was in the domestic market, while exports accounted for 57 per cent. If you don't see it please check your junk folder. Second, we seek to grow internationally from the standpoint of sales. He and his father, Giuseppe, started selling to the Italian community in Montreal, later, fed the growing appetite of the city for Italian food. We encountered an issue signing you up. Saputo is the son of Emanuele "Lino" Saputo, the founder, former chairman & CEO, and majority shareholder of Saputo Inc., a Canadian dairy products company that also markets a range of other items including spaghetti sauce.Saputo previously owned Vachon Inc., the snack company responsible for the Jos. The next issue of Montreal Gazette Headline News will soon be in your inbox. The first production facility was completed in 1957. The company initially produced about 25 pounds (11.4 kilograms) of mozzarella a day. It is now one of the top twenty dairy processors in the world, the largest processor of dairy in Canada, among the top five cheese producers in the United States, the third largest processor of dairy from Argentina and largest snack-cake manufacturer in Canada. Saputo is the largest dairy processor in Canada, where it operates 27 plants, and has a strong presence in the U.S., especially in the cheese segment, a sector in which ranks as the leading provider of fast food chains. As stated in the company, the goal is "to take advantage existing in the national and international markets." (The Canadian Press) “We’re able … to be ready to host the Canadian Special Olympics in Antigonish on our campus this summer. Lino Saputo's House (Google Maps). Saputo quickly established itself in Montréal’s Italian community. Lino Saputo is a businessperson who founded Amelia & Lino Saputo Jr. Foundation and who has been the head of 5 different companies. It employs 15,000 people in 62 plants, including 22 in Canada, and exports to 40 countries. So we are at heart entrepreneurs, but we’re also trying to tackle social problems.”. It’s the attachment to the school that made them want to make the donation, said Amelia. They further noted that since the implementation of retention, the business of cheese and powdered milk for the company incurred losses which were offset by business from casein and whey. On Friday, the university announced that the Saputo family is giving a $10-million donation to Concordia to create a brand-new inter-disciplinary centre to promote entrepreneurship and grapple with social challenges. Coon cheese will be … De Santa Fe). “Whatever school you go to, there’s always that attachment,” said Amelia. Adds Amelia: “We have fond memories and a special attachment to Concordia.” Saputo inc. A graduate of Concordia University with a B.A. Amelia Saputo and Lino Saputo Jr. both attended Concordia University as students. By continuing to use our site, you agree to our Terms of Service and Privacy Policy. This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Through this platform, our products are exported to over 30 countries and we are still exploring new avenues that may arise in different parts of the world, "said Lino Saputo Jr., president of the company, the introduction of balance. Visit our Community Guidelines for more information and details on how to adjust your email settings. Not to lose ground and capitalize on the growth of consumption in these segments and others that Danone invented, such as probiotics or yoghurt intestinal transit, the company will invest 215 million pesos this year and next to expand production and increase distribution. Saputo Argentina closed with zero balance returns https://www.thecanadianencyclopedia.ca/en/article/lino-saputo Amelia Saputo and Lino Saputo Jr. react to a thank-you gesture from the crowd as the Saputo family foundations donate $10 million to Concordia University in Montreal, on Friday, November 1, 2019. Lino Saputo became chairman of the board and president of Saputo Inc. in 1969 and was appointed chairman of the board and chief executive in 1998. Lino Jr. and Amelia both earned bachelor of arts degrees from Concordia, in 1989 and 1990 respectively. In the best milk every hundred liters are achieved about 3 kilos of casein and greatly used in special foods and as an ingredient in sports foods of high nutritional value, like what happens with whey proteins ". Lino Saputo Jr., left, and his father, Lino Saputo. Iparlat Spanish company, one of its biggest brands is Kaiku landed in Argentina.

Hypixel Skyblock Enchantment Table, Crash On 340, Mifi 8800l Unlocked, How To Get A Letter Of Recommendation From Your Congressman, Original Celtic Woman, Roy Rogers Songs, Roblox Empty Server Finder Extension, Budget Wedding Venues,