The investment will be used to ‘redefine the space’ within the plant and support the development of ‘several business opportunities for Agropur’ within the ‘growing market’ for value added food products, the dairy group noted.
The capital expenditure will allow the creation of a new extrusion line for value-added innovation in the premium novelties segment. With this investment, the Truro installation will become one of Agropur’s Centers of Excellence for extrusion-type frozen products.
“Many exciting business opportunities will be developed with this addition and the expertise of the Truro plant team,” Agropur stated.
The company said that it is ‘dedicated to seizing strategic business opportunities’ and as such the cooperative is strengthening its production capabilities for a ‘fast-growing product’ in the food sector.
“The Truro ice cream plant is known for its expertise in dairy processing and the production of frozen treats, and we are very pleased to be able to innovate in this area. Several new projects will be possible because of this investment,” elaborated Dominique Benoit, Senior Vice President Institutional Affairs and Communications at Agropur.
A commitment to the Atlantic region
The investment also demonstrates Agropur's ambition to ‘solidify’ its presence and pursue ‘further business development’ in the Atlantic region.
“It is with great pride and excitement that we announce a major investment in the Truro Plant, the largest plant capital investments made in Canada for the last five years. This confirms the importance of the Atlantic region for Agropur and our commitment to remain a major player in the region and to pursue the opportunities it presents,” said Jeannie van Dyk, Vice-President of Agropur’s Board, and director for the Atlantic region.
“This investment demonstrates a significant commitment to Atlantic Canada’s agriculture sector. It also supports well-paying stable jobs right here in rural Nova Scotia while creating new employment opportunities,” affirmed Greg Morrow, Minister of Agriculture of Nova Scotia.
