JM Smucker’s Canadian subsidiary will invest CAD 12 million ($9.1 million) in its Sherbrooke, Quebec, manufacturing facility to increase condensed milk output.
Smucker Foods of Canada said the investment, which is supported in part by funding from the Canadian Ministry of Agriculture, will be used to upgrade equipment that will allow the facility to boost its flexibility and the variety of products produced.
The Sherbrooke facility produces Carnation evaporated milk and Eagle Brand sweetened condensed milk products for Canadian consumers.
Smucker said the improvement will also lead it broadening its sourcing of domestic milk in Canada.
“This investment will go a long way toward solidifying our long-term presence in Sherbrooke,” said Aurelio Calabretta, vice president and general manager for Smucker Foods of Canada.
“Through this initiative, we will be able to introduce new packaging capabilities previously unavailable to us in Canada.”
Lawrence MacAulay, Canada Minister of Agriculture, said: “The Government of Canada is proud to contribute to the modernisation and competitiveness of the dairy processing industry, helping it grow and prosper.
“We are committed to ensuring our world-class dairy processors stay on the cutting edge and continue to meet growing consumer demand for high-quality products while creating well-paying jobs for Canadians.”
Smucker began offering products in Canada in 1988 and today has offices in Sherbrooke, Montreal, Markham, Brampton and Calgary. The business offers brands such as Bick’s, Double Fruit, Five Roses, Folgers, Jif, Meow Mix, Milk-Bone and Nature’s Recipe.
Last year, JM Smucker offloaded its US baking business to private equity firm Brynwood Partners in a $375 million deal.
The transaction included products sold in US retail channels under the Pillsbury, Martha White, Hungry Jack, White Lily, and Jim Dandy brands, along with all relevant trademarks and licensing agreements.
© FoodBev Media Ltd 2019
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