Sunday, December 22, 2024

Rogers Sugar invests in sugar production capacity expansion for Lantic

Rogers Sugar is investing in its wholly owned operating subsidiary Lantic to increase the production capacity of its Montreal plant by approximately 20%, or 100,000 metric tonnes.

The total investment for this project is estimated at approximately $200 million, and includes investments in sugar refining technology and equipment, as well as logistical infrastructure at Lantic’s Montreal sugar refinery and in the Greater Toronto Area to serve the Ontario market.

The Montreal component will take advantage of available space in the existing refinery buildings and site, allowing production to continue with minimal disruption. By using existing facilities, the company will minimize construction impacts to the surrounding community.

“This project is good for our customers, our shareholders and our communities, as we add production to serve rising demand, invest in Canadian manufacturing and create jobs,” said Mike Walton, president and Chief Executive Officer of Rogers Sugar and Lantic. “Our sugar volumes are steadily increasing, and these investments will enable us to serve future demand growth, support the domestic food-processing industry and improve efficiency within our operations.”

The company expects the incremental production and logistic capacity to be in service in approximately two years. The project is made up of three key components: expansion of refining capacity with the addition of new sugar refining equipment at the Montreal plant; construction of a new bulk rail loading section in Montreal to serve increased shipments to the Ontario market; and expansion of logistics and storage capacity in the GTA.

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