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Agency / Source: Barry Callebaut AG

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Barry Callebaut to Invest USD 100 Million in its Canadian Factory in Chatham, Ontario - Increased production capacity and service offering - Barry-Callebaut.com
Barry Callebaut to Invest USD 100 Million in its Canadian Factory in Chatham, Ontario

 

NewswireTODAY - /newswire/ - Zurich, Switzerland, 2022/12/07 - Increased production capacity and service offering - Barry-Callebaut.com. BARN

   
 
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• Barry Callebaut’s multi-year expansion of its Canadian factory will total USD 100 million;
• The investment includes liquid and molding lines as well as enhanced dairy-free production capabilities.

Today, Barry Callebaut announced the next phase of the expansion of its Chatham factory in Ontario, Canada. The multi-year expansion started in 2018, with an initial investment of USD 30 million for additional liquid storage capacity in Chatham to expand the variety of products available to customers. An additional USD 70 million will have been invested in Chatham’s product portfolio and enhanced manufacturing capabilities through the end of the 2022/2023 fiscal year, ending August 31, 2023. The ongoing investments will bring the total investment in the Chatham factory to USD 100 million.

These investments will enable Barry Callebaut to continue to drive long-term growth in the growing compound market1 in North America. Production at the plant currently includes a broad range of products, from liquid milk and dark compound to molded products. The investment includes both liquid and molding lines, as well as enhanced capabilities for the production of dairy-free compound to accommodate growing customer demand for plant-based indulgence. White compound production will be added in 2023. The expansion of the Chatham factory has fueled economic growth in the area. Barry Callebaut has created almost 100 direct jobs, and 25 indirect hires.

1. In comparison to traditional chocolate, compound is made with cocoa powder and vegetable fats instead of cocoa liquor and cocoa butter. Depending on the application, compounds can have higher heat resistance and workability.

"This new capacity will satisfy growing demand from both food manufacturers and gourmet customers for our compound solutions in this dynamic consumer market."
Balaji Padmanabhan, VP of Operations and Supply Chain, Americas, Barry Callebaut

"This Chatham expansion marks another milestone for our Region. Investing in our compound production, together with the new specialty chocolate factory in Brantford, allow us to lean into the wide-variety of specialized experience in the Region, and to establish a strategic foothold in our network as we accelerate our growth journey."
Steve Woolley, President & CEO Americas, Barry Callebaut

In April 2022, Barry Callebaut announced an investment of USD 104 million in a new specialty chocolate factory in Brantford, Canada. The factory in Brantford will focus on sugar-free chocolate, high protein, and other specialty products to meet increasing customer demand.

About Barry Callebaut Group

With annual sales of about CHF 8.1 billion (EUR 7.8 billion / USD 8.6 billion) in fiscal year 2021/22, the Zurich- based Barry Callebaut Group (barry-callebaut.com) is the world’s leading manufacturer of high-quality chocolate and cocoa products from sourcing and processing cocoa beans to producing the finest chocolates, including chocolate fillings, decorations and compounds. The Group runs more than 65 production facilities worldwide and employs a diverse and dedicated global workforce of more than 13,000 people.

The Barry Callebaut Group serves the entire food industry, from industrial food manufacturers to artisanal and professional users of chocolate, such as chocolatiers, pastry chefs, bakers, hotels, restaurants or caterers. The global brands catering to the specific needs of these Gourmet customers are Callebaut® and Cacao Barry®, Carma® and the decorations specialist Mona Lisa®.

The Barry Callebaut Group is committed to make sustainable chocolate the norm by 2025 to help ensure future supplies of cocoa and improve farmer livelihoods. It supports the Cocoa Horizons Foundation in its goal to shape a sustainable cocoa and chocolate future.

 
 
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Barry Callebaut to Invest USD 100 Million in its Canadian Factory in Chatham, Ontario

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Barry Callebaut Group |
Contact: Frank Keidel - Barry-Callebaut.com 
+41 76 399 69 06​ frank_keidel[.]barry-callebaut.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Barry Callebaut AG securities in any jurisdiction including any other companies listed or named in this release.

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