Agropur to invest US$735.2M in its Beauceville & Bedford plants

CANADA – Agropur has announced plans to invest almost  US$735.2 million (C$1 billion) in its Beauceville and Bedford plants to strengthen its value-added protein expertise.

The investment involves replacing end-of-life equipment with innovative technologies and automation, enabling the company to achieve efficiency gains and increase its milk processing and valorisation capacity.

In addition to strengthening its market competitiveness, these projects will support the creation of more than 90 skilled regional jobs, with over 60 positions in Beauceville and nearly 30 in Bedford.

“These two projects in Eastern Canada are fully aligned with our global strategy to meet the growing demand for protein enriched products, mainly in domestic markets. In addition, investments totaling more than $130 million USD has been announced this year in our Wisconsin and South Dakota plants in the United States to reposition our offering toward value added proteins,” said Maxime Devourdy, President, Ingredients.

These projects remain subject to final approval by the end of 2026. In the meantime, Agropur will finalize its detailed analyses and continue its efforts to secure financial support in order to obtain the required authorizations. 

In 2022, Agropur, has announced an investment of $34 million (US$ 26.16million) for its ice cream and frozen novelties plant in Truro, Nova Scotia.

The investment will be used “to redefine the space within the plant and also support the development of several business opportunities in the growing market.”

With this investment, the Truro installation will be one of Agropur’s Centers of Excellence for extrusion-type frozen products.

According to the company, the investment also demonstrates Agropur’s ambition to solidify its presence and pursue further business development in the Atlantic region.

The investment is also dedicated to seizing strategic business opportunities and strengthening the production of a fast-growing product in the food sector.

In addition to better defining the space in the plant, the investment will allow the creation of a new extrusion line for value-added innovation in the premium novelties segment.

Other business opportunities are expected to be developed with this addition and the expertise of the Truro plant team.

Robert Bowman, the manager of the Truro Agropur plant added that the expansion at the plant should be completed sometime in 2023 and the renovations are expected to provide economic spinoffs in the Truro area.

Agropur is a major player in the North American dairy industry with $7.3 billion in sales in 2021 and has employed 7,500 people at 31 plants across North America.

The dairy company pointed out that it is eligible for approximately $4 million (US$ 3.08 million) in funding from the provincial government through Nova Scotia’s capital investment tax credit.

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