Trade Resources Company News Danone Plans to Invest C$40m (Us$38.5m) to Expand Production of Oikos Greek Yogurt

Danone Plans to Invest C$40m (Us$38.5m) to Expand Production of Oikos Greek Yogurt

Danone in Canada has announced plans to invest C$40m (US$38.5m) to expand production of Oikos Greek yogurt at its facility in Boucherville, Quebec, a move which would create 25 direct and 250 indirect jobs.

The company said it has purchased precision equipment that provides versatility in the manufacturing and packaging of its product.

Danone in Canada president and CEO Nick Krzyzaniak said, "This investment not only confirms Danone's role as a major agent of economic development in Québec, but reasserts its leadership as the country's largest yogurt producer."

Danone executive committee member, human resources general manager and Danone Ecosystem Fund board chairman Muriel Pénicaud said the announcement is a further proof that Danone is firmly implanted in the community and plays an active part in the economic benefits of the region and of Quebec.

"Beyond our business activities, we firmly believe that eating a yogurt a day is healthy for everyone," Pénicaud added.

 

Source: http://dairyproducts.food-business-review.com/news/danone-to-invest-385m-in-oikos-greek-yogurt-production-unit-in-quebec-100913
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Danone to Invest $38.5m in Oikos Greek Yogurt Production Unit in Quebec