Barry Callebaut expands into Canada
The chocolate maker is expanding its production facility in Canada for about $70 million.
Barry Callebaut continues to expand in Canada. The world’s largest chocolate company will expand its chocolate factory in Chatham in the province of Ontario for $70 million, it announced in a release Wednesday.
By the end of the 2022/23 financial year on August 31, 2023, investments will be made in production lines for liquid chocolate, molding systems and expanded production capabilities for milk-free chocolate. It aims to meet the growing consumer demand for plant-based chocolates. Production of white compound chocolate is to be added in 2023. The expansion of the Chatham plant will create approximately 100 jobs.
The Zurich-based group has invested a total of €100 million in the expansion of the plant. Prior to this, $30 million had already been spent on additional liquid chocolate storage capacity in Chatham since 2018.
In addition, Barry Callebaut announced in late July that it would be building a new factory in Brantford, also in Ontario. The company wants to invest $104 million in this plant.
awp
found fault?Report now.
stock alert
From ABB to Züblin – you’ll receive an email as soon as there’s a new article about a company of your choice.
To use this service, you must login or register.