McCain Foods is to invest more than €350m ($377.8m) in France to develop potato production facilities and strengthen its competitiveness there, according to a report by Eszter Racz for JustFood.com.
The company said it will invest more the amount by 2028 in its three production sites in Harnes and Béthune villages in Pas-de-Calais and Matougues village in the Marne region.
The Canadian group said it aims to step up its presence in France with the project and “anticipate the future needs of the French market”. The company said the move “strengthens the competitiveness and sustainability of its production facilities in France”.
The capex will be rolled out over a number of years, starting in early summer 2024. It will ultimately increase production capacity by almost 25%, said the group. Alain Duranleau, regional president of McCain Continental Europe called the project “an unprecedented investment”.
Source: JustFood.com. Read the full story here
Image: Credit McCain Foods via JustFood.com
