CANADA: Dr Oetker to invest in second Ontario pizza plant
The Dr Oetker plant is expected to produce around 50m pizzas per year
German food giant Dr Oetker is to invest in the construction of a second frozen pizza production facility in Canada.
The plant, which will be located in Ontario, is expected to produce around 50m pizzas per year, including the Casa Di Mama, Panebello and Ristorante brands.
FedDev Ontario is contributing $10m for construction and equipment costs while Agriculture and Agri-Food Canada is providing $2m to help in the purchase of food processing equipment to make frozen pizzas.
Barbara Maly, chair of the Ontario Food Cluster, an organisation that builds international trade and investment opportunities for the agri-food sector said: "Dr. Oetker's expansion is the latest example of the Ontario Food Cluster's compelling draw to international food processing firms."
Dr Oetker operates a manufacturing and R&D facility in Mississauga in Ontario. The new plant is expected to open in 2014.
- just-food's pick: Innovation on show at ISM 2016
- Mondelez results and outlook - 7 things to learn
- What are the implications of Brexit for UK food?
- Richelieu Foods CEO eyes growth - interview
- Foodservice focus: McDonald's/Five Guys/Starbucks
- Chobani targets growth after rejecting offers
- Mars to cut artificial colours from global foods
- Private-equity firm HKW acquires Panos Brands
- WWF launches food security platform
- PepsiCo's Nooyi: "macro challenges" will continue