More and more internationally renowned businesses are choosing to set up operations in Québec. Every year, foreign companies make major investments here. Here are just a few of them.
Coca-Cola Canada (U.S.) will invest $30 million to equip its Lachine plant with cutting-edge technology and increase its productivity—an important milestone in the history of Coca-Cola in Québec.
Le Duff Group (France) recently invested $40 million in the plant operated by its Québec subsidiary, Bridor. The goal is to double the plant’s surface area, increase its production capacity by 80% and expand the range of bakery products it makes.
Haacht Brewery (Belgium) has acquired Microbrasserie de l’Île d’Orléans and plans to invest nearly $3 million to upgrade the facility and increase its production fivefold. Haacht also plans to import a number of Belgian beers as part of its efforts to break into the North American market and set up a head office in Québec.
Keurig Canada (USA) has started producing recyclable single-dose coffee pods at its Montréal plant. Starting in late 2018, users will be able to put the billion of pods produced by the plant every year directly in their recycling bins. In operation since 1919, Montréal’s Keurig plant produces all of the group’s ground coffee and whole bean coffee for North America.
The biggest chocolate plant in North America is in Saint-Hyacinthe, Québec and belongs to Barry Callebaut (Switzerland). In 2016, the company injected $5 million into the plant to ramp up its cocoa liquor production capacity.
There are over 2,329 food processing businesses in Québec, representing a wide range of sectors.
Québec participates in a number of commercial agreements that open many doors to international trade. Under NAFTA, for instance, Québec enjoys guaranteed access to the U.S. and Mexican markets, and under the CETA, an access to the European market of over 500 million consumers.