Canada-based potato processor McCain has announced an investment of C$600 million (approx. $436.73 million) to double the size and workforce of its processing facility in Alberta.
The investment will allow the company to create two new state-of-the-art production lines and achieve its commitments to cut greenhouse gas emissions, McCain said.
“The development in Alberta marks our largest global investment in our 65-year history, totalling $600 million, while underscoring our commitment to the future of agriculture and innovation in Canada”, said Max Koeune, president & chief executive officer, McCain Foods. “This will fuel continued growth for the business, allowing us to serve key markets further by bringing customers high quality potatoes that begin with our dedicated local farming community”.
Once the facility is fully operational, it will employ 485 workers of which 260 will be new jobs.