Sucro Can Sourcing has unveiled plans to construct Canada’s largest sugar refinery at the Port of Hamilton, Ontario, utilizing land owned by HOPA Ports (Hamilton-Oshawa Port Authority), reported Foodincanada.
The ambitious project, with an estimated investment of $135 million, is anticipated to boast an annual refining capacity of 1 million metric tonnes.
Jonathan Taylor, Founder and CEO of Sucro Sourcing, highlighted the strategic decision to invest in the new refinery, emphasizing the steady, long-term, and sustainable growth observed in sugar markets in both Canada and the United States. Taylor stated, “We have a customer base that is loyal and growing, benefiting from the new competition we are bringing to the market.” He pointed out the persistent demand from an expanding food processing sector, underscoring that overall refining capacity in both Canada and the United States, particularly in Ontario, has remained stagnant despite this growth.
Sucro Can’s commitment to enhancing customer supply chains played a pivotal role in selecting the Port of Hamilton as the ideal location for the new refinery. Ian Hamilton, President and CEO of HOPA Ports, expressed enthusiasm about collaborating with Sucro Can to bring this significant investment to fruition. He emphasized the careful consideration of Sucro Can’s location and logistics needs, along with those of its customers. The Port of Hamilton, situated in the heart of southern Ontario’s food processing cluster, offers convenient access to marine, rail, and highway transportation options. Hamilton added, “The facility’s new capacity and reliability will give Ontario food processors the confidence to invest in their operations.” He characterized the collaboration as a substantial victory, contributing to a resilient and efficient supply chain, economic growth, and job creation.
