Rogers Sugar invests in sugar production capacity expansion project for Eastern Canada
by CM staff
The total investment for this project is estimated at approximately $200 million, and includes investments in sugar refining technology and equipment.
MONTREAL — Rogers Sugar Inc., announces an investment of its wholly owned operating subsidiary Lantic, which will increase the production capacity of its Montreal plant by approximately 20 per cent, or 100,000 metric tonnes.
The total investment for this project is estimated at approximately $200 million, and includes investments in sugar refining technology and equipment, as well as logistical infrastructure at Lantic’s Montreal sugar refinery and in the Greater Toronto Area to serve the Ontario market.
The Montreal component will take advantage of available space in the existing refinery buildings and site, allowing production to continue with minimal disruption. By using existing facilities, the Ccmpany will minimize construction impacts to the surrounding community.
“This project is good for our customers, our shareholders and our communities, as we add production to serve rising demand, invest in Canadian manufacturing and create jobs,” said Mike Walton, President and Chief Executive Officer of Rogers Sugar and Lantic. “Our sugar volumes are steadily increasing, and these investments will enable us to serve future demand growth, support the domestic food-processing industry and improve efficiency within our operations.”
