McCain Foods is ending a project to build a manufacturing plant in Russia
French fry giant announces plans in light of Ukrainian invasion and as other companies idle or pull out of Russia.
McCain Foods is ending a project to build a production facility in Russia and suspending shipments of its products to the country because of the country’s invasion of Ukraine.
The Canadian company says it stopped construction at the Russian production facility in the Tula Oblast region on Feb. 24 and has now made the decision to discontinue the project entirely.
Charlie Angelakos, vice-president of global external affairs and sustainability at McCain Foods, says the Russian invasion of Ukraine has been deeply concerning.
The decision by the french fry maker comes as countries around the world stop work in Russia or with Russian companies because of the invasion and global economic sanctions.
The announcement by McCain came as WSP Global Inc. says it is also quitting its projects in Russia and will stop seeking out work in that country or Belarus.
WSP, which says it has no employees in Russia, Ukraine or Belarus, estimated its economic exposure related to the assignments to be under $1 million.
