McCain Foods To Double Potato Output In Alberta - InvestingChannel

McCain Foods To Double Potato Output In Alberta

McCain Foods is spending $600 million to double its potato output in Alberta.

The privately held Toronto-based company said the investment is being made to increase production at its Coaldale plant in Lethbridge, Alberta.

McCain, which claims to produce one out of every four French fries globally, said the money being spent in Alberta is the biggest investment in its 65-year history.

McCain Foods said it aims to create two new production lines, one for French fries and one for other frozen potato products.

The expanded facility is expected to result in 260 new jobs, more than doubling the company’s current workforce in Lethbridge.

McCain added that it is able to make the investment in Alberta as demand for French fries and other frozen foods rebounds in the restaurant and hospitality sector following the COVID-19 pandemic.

Construction on the Coaldale plant is expected to begin later this year and will include wind turbines and solar panels to ensure that 100% renewable energy is used at the facility.

Canada produces more than five million tonnes of potatoes each year, led by Prince Edward Island, Manitoba, and Alberta, according to Statistics Canada.

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