Once operational, the 155,000-sq.-ft. facility will enhance the Canadian company’s processing capacity, increase procurement from Ontario farms and support economic growth across rural communities.
EIC Alyse Thompson-Richards summarizes recent food and beverage industry updates, including Mars' investments, Campbell's chip plant closure, and expansions by Chobani, Bel Group and Rise Baking Company.
With the capacity to process 1 million metric tonnes of canola annually, the facility increases local demand while enabling more of the crop to be processed domestically.
The company will create 600 new jobs through expanding its global headquarters in Chicago. Mars, Inc. also announced a $130 million investment in its Canadian operations.