Canadian Vegetable Group Nortera Cites “food Sovereignty” With Capex Move 

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Canadian rootlike processor Nortera is investing C$28m ($19.9m) to boost capacity astatine its Saint-Denis-sur-Richelieu installation successful Quebec. 

In a connection yesterday (15 October), nan institution said that “ensuring nutrient sovereignty is emerging arsenic a apical priority”, considering economical uncertainty, imaginable tariffs and rising import competition. 

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The investment, it added would thief to “strengthen nan sector’s competitiveness while generating basal economical benefits for nan country’s cultivation and agrarian communities”.

The superior injection will boost capacity astatine nan site, which specialises successful canning vegetables and legumes and preparing soups and sauces, from six cardinal to 10.6 cardinal case-equivalents.

Nortera said nan programme intends to support nan continuity of section cultivation accumulation successful Quebec successful nan coming years. 

As portion of nan move, nan institution will adjacent its Saint-Césaire plant, located astir 60km southbound from Saint-Denis-sur-Richelieu, by precocious January adjacent year.  

The displacement is expected to create 70 imperishable roles astatine Saint-Denis-sur-Richelieu and consequence successful nan nonaccomplishment of astir 100 positions astatine Saint-Césaire, nan institution said. 

Commenting connected nan news, Hugo Boisvert, CEO of Nortera, said: “This awesome finance marks an important measurement for Nortera and for Canada’s full agri-food sector. The Saint-Denis-sur-Richelieu works will go a cardinal tract successful our Canadian business network, equipped pinch modern instrumentality and enhanced accumulation capacity.” 

Nortera operates 13 plants crossed Canada and nan US, processing and trading much than 400,000 tonnes of vegetables annually pinch astir 540 farming partners, and employs adjacent to 3,000 group crossed nan region. 

The company, antecedently known arsenic Bonduelle Americas Long Life, became Nortera successful 2022 erstwhile Fonds de solidarité FTQ and Caisse de dépôt et placement du Québec each acquired a 32.5% stake, leaving Bonduelle Group pinch 35%.  

France-based Bonduelle had entered exclusive talks pinch nan 2 Canadian organization investors successful May 2022 pursuing a strategical reappraisal of nan Bonduelle Americas Long Life business launched successful September 2021.