More and more internationally renowned businesses are choosing to set up operations in Québec. Every year, foreign companies make major investments here. Here are just a few of them.
Bel Group (France) is investing $87 million to build its first Canadian cheese plant in Sorel-Tracy, Québec. Expected to employ nearly 15 people, the plant will be exclusively dedicated to making the famous little Mini Babybel cheeses. The project demonstrates Bel Group’s desire to produce its goods locally to better serve the Canadian market.
Labatt Breweries (Belgium) plans to invest $75 million in Québec by 2020 to purchase new equipment and make improvements to its distribution network. In recent years, Labatt has invested over $100 million in the province, including $47 million in a new can production line at its LaSalle plant in Montréal.
Coca-Cola Canada (U.S.) will invest $30 million to equip its Lachine plant with cutting-edge technology and increase its productivity—an important milestone in the history of Coca-Cola in Québec.
Le Duff Group (France) recently invested $40 million in the plant operated by its Québec subsidiary, Bridor. The goal is to double the plant’s surface area, increase its production capacity by 80% and expand the range of bakery products it makes.
Keurig Canada (USA) has started producing recyclable single-dose coffee pods at its Montréal plant. Starting in late 2018, users will be able to put the billion or so pods produced by the plant every year directly in their recycling bins. In operation since 1919, Montréal’s Keurig plant produces all of the group’s ground coffee and whole bean coffee for North America.
The biggest chocolate plant in North America is in Saint-Hyacinthe, Québec and belongs to Barry Callebaut (Switzerland). In 2016, the company injected $5 million into the plant to ramp up its cocoa liquor production capacity.
There are over 2,400 food processing businesses in Québec, representing a wide range of sectors.
Québec participates in a number of commercial agreements that open many doors to international trade. Under CUSMA, for instance, Québec enjoys guaranteed access to the U.S. and Mexican markets, and under the CETA, an access to the European market of over 500 million consumers.
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