Danone Canada Announces a Historic Investment in its Boucherville Plant to Meet the Growing Demand for Yogurt in Canada [Yahoo! Finance]
DANONE S/ADR (DANOY)
NASDAQ:AMEX Investor Relations:
danone.com/en/for-you/investors/investor-center/investor-relations-contacts
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Source: Yahoo! Finance
investment to expand its flagship Boucherville plant, the largest investment ever made by the company in the country. This initiative aims to increase the company's production capacity to meet the growing demand for yogurt by Canadian consumers and to modernize the facility's energy use. A historic investment to increase Danone Canada's productivity and support market growth in Canada (CNW Group/Danone Canada) A Historic Investment to Increase Productivity and Support Market Growth in Canada In a market experiencing strong growth, where nearly 90 percent of Canadian households consume yogurt , Danone Canada is investing to fuel its own growth by increasing its production capacity for yogurt tubs by 40 percent. The plant will also increase its capacity to receive and process Canadian raw milk by 20 percent. Fully funded by Danone Canada, the expansion will allow the company to strengthen its leadership position on the market, where more than one in three dairy yogurts sold in the
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