Potato and frozen food producer McCain has announced the acquisition of a further 51% stake in Brazilian pao de queijo (‘cheese bread’) manufacturer Forno de Minas, taking its shareholding in the company to 100%. McCain first took a minority stake in Forno de Minas in 2018. “The partnership presents a fantastic opportunity for both companies to strengthen and grow their presence in this market sector here in Brazil”, commented Paolo …
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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 …
Potato and frozen food specialist McCain Foods has announced the investment of $55 million for a minority stake in Strong Roots, a plant-based frozen food company based in Ireland. The partnership will allow both companies to meet the rising consumer demand for healthy and natural food products. Strong Roots will continue to operate independently however will use McCain Foods’ global presence to expand its footprint in existing markets, and to …
Global potato company McCain has announced a $200 million investment to construct a second potato processing facility in China. In a statement, the company said the development comes as the company intends to meet the growing demand for its potato products in China, building on its 25 year presence in the country. The new potato processing plant will be located in Yangling Agriculture Hi-Tech Development Zone, Shaanxi Province and will expand McCain’s local …
McCain, the leading potato processor, has announced it is investing C$80 million ($60 million) to increase capacity for formed potato specialities in Canada, to meet growing demand from retail and foodservice customers. The firm said the creation of the new high-speed formed potato speciality line at its Grand Falls plant in New Brunswick would strengthen its potato processing presence both in Canada and North America. The new production line will be operational by early …
Canada-based potato processor McCain has announced plans to further invest C$12 million ($9 million) at its facility in Florenceville, New Brunswick, Canada, adding capacity to the existing line that produces chips (fries) for the company’s food service and retail business. The extra capacity will require an additional 400 hectares of potatoes from local growers, McCain said in a statement. The project is to be completed in two phases, one which …
McCain, the leading frozen potato firm, has announced it is investing $100 million to construct its first factory manufacturing chips (french fries) in Brazil. Due to be opened in the first half of 2021, the facility will significantly increase McCain’s production capacity in Latin America, the company said. Located in the city of Araxa, in Minas Gerais state, the factory is also expected to generate 150 direct jobs and 450 …
McCain, the leading frozen potato firm, has announced the acquisition of a 70% stake Serya, a Brazilian food company which manufactures pre-formed potato specialities. Founded in 2015 in the state of Minas Gerais, Serya is described as having new, high technology facilities that allow it to produce a wide range of potato products for the Brazilian market. The firm’s website lists products including potato shapes and ‘noisettes’ with Forno de …
McCain, the world’s largest producer of frozen potato products, has announced a $300 million investment in its potato processing facility in Othello, WA, USA, saying the move would significantly expand its North American production capacity. The 170,000 sq ft expansion will add another battered and conventional french fry processing line to its production capabilities in the USA and create an anticipated 180 new jobs, McCain said. The additional capacity will …
McCain, the Canada-based frozen potato firm, is expanding its french fry chip manufacturing site in Smithton, Australia through a A$40 million ($28.3 million) investment, according to Australian media reports. Tasmania Talks reports that, following the upgrade, Smithton will become McCain’s main french-fry production facility in Australia and New Zealand. As a result of the investment, McCain will be capable of manufacturing 25 new retail products and providing additional capacity across …
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