A large portion of the structure (including the elevator) was demolished in 1998 as it had become a popular refuge for squatters.
The remaining structure is registered under the Toronto Inventory of Heritage Properties and under Part IV of the Ontario Heritage Act.
Built to extract and process soybean, linseed, and other vegetable oils, at the time of its closure in 1991 this plant was the largest "crusher" in Canada, handling upwards of 540,000 tonnes (or 20 million bushels) of soybeans annually.
Since opening in 1946 the plant changed ownership twice, from Sunsoy Victory Mills to Proctor & Gamble in 1954, and finally to Central Soya Inc. in 1980.
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