Sao Paulo | Reuters — Food processor JBS SA reiterated plans to grow production capacity in Brazil and in the United States after posting strong third quarter results, executives said […] Read more
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Tag Archives expansion
JBS gears up for U.S. and Brazil expansions
Brazilian meat giant reiterates plans following strong Q3 results
Olymel to ramp up processing at Quebec poultry plant
St-Damase expansion work to take about a year
Olymel plans to bring more of its poultry further-processing in-house with a $31.5 million expansion at one of its major slaughter and cutting plants in Quebec’s Monteregie. The meat packing […] Read more
Canadian cannabis retailers poised to merge
High Tide, Meta Growth to create biggest weed retailer
Two major Canadian cannabis sellers are poised to create the largest pot retailer in the country by revenue. Calgary retailer High Tide Inc., which operates the Canna Cabana chain of […] Read more
Cannabis industry readies for M+A after COVID-19 boosts weed demand
Companies betting on U.S. market growth after election
Reuters — After nearly a year of next-to-no dealmaking, cannabis companies are gearing up for mergers and acquisitions (M+A) as realistic stock valuations and the prospect of U.S. legalization attract […] Read more
Plant protein processor backed for expansion
Lenders arrange up to $85 million for Merit Functional Foods
The money has been lined up to fund a major expansion for a Winnipeg pea and canola protein processing plant that’s still being built. Merit Functional Foods Corp. announced May […] Read more
Sobeys parent to buy fresh-food grocer Farm Boy
The owner of the Sobeys and Canada Safeway chains has a deal in place to buy southern Ontario grocery retailer Farm Boy, a well known patron of the region’s producers. […] Read more
Tim Hortons to enter China
Reuters — Canadian coffee-and-donut chain Tim Hortons will open 1,500 outlets in China over the next decade, capitalizing on a growing cafe culture in the world’s second-largest economy, the chain’s […] Read more
Ontario backs Mondelez’s Toronto bakery expansion
One of the world’s biggest snack food companies is up for an eight-figure investment from the Ontario government to boost production at its Toronto plant. The province on Monday announced […] Read more
Nestle to spread out at London ice cream plant
A multi-phase overhaul at Nestle Canada’s southwestern Ontario ice cream factory is moving further ahead with a plant expansion. The company’s London, Ont. ice cream plant, which has operated since […] Read more
Simplot to supersize Portage la Prairie fry plant
U.S. agrifood giant J.R. Simplot plans to bulk up its potato processing footprint in southern Manitoba with a $460 million plant expansion. The company and the provincial government on Wednesday […] Read more