Barry Callebaut plans $104 million investment in new specialty chocolate factory in Ontario, Canada
The Barry Callebaut Group, the world’s leading manufacturer of high-quality chocolate and cocoa products, has announced plans to expand its presence in North America by building a new specialty chocolate factory in Ontario, Canada. The new state-of-the-art plant is expected to have an initial annual production capacity of over 50,000 tonnes. The total investment volume over a ten-year period is expected to amount to USD 104 million (CHF 100 million). The factory is expected to be operational by 2024. It will focus on manufacturing sugar-free chocolate, as well as high-protein products and other specialties, reflecting market trends. According to IRI1, the US specialty chocolate market grew by +5.9% in 2021 to reach $14.7 billion. Barry Callebaut expects to create more than 200 new jobs to staff its new state-of-the-art facilities.
The new plant in Ontario marks the Group’s largest ever capital investment in the region and will add to the 15 chocolate and cocoa processing plants that Barry Callebaut currently has in the Americas region. Two of these 15 plants are located in Canada: one in Chatham, Ontario, and one in Saint-Hyacinthe, Quebec, its largest plant in the Americas region. The investment in Ontario is part of the Group’s strategy to permanently maintain its global footprint, by locating production close to its customers.
1IRI Total US, MULO+C, 52 weeks ending 12/26/2021
About Barry Callebaut Group:
With annual sales of approximately 7.2 billion francs (6.6 billion euros/7.9 billion dollars) in the 2020/21 financial year, the Zurich-based Barry Callebaut Group , is the world’s leading manufacturer of high-quality chocolate and cocoa products – from sourcing and processing cocoa beans to produce the finest chocolates, including chocolate fillings, decorations and compounds. The Group operates over 60 production sites worldwide and employs a diverse and dedicated global workforce of over 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 meeting the specific needs of these Gourmet customers are Callebaut® and Cocoa Barry®Karma® and decoration specialist Mona Lisa®.
The Barry Callebaut Group is committed to making sustainable chocolate the norm by 2025 to help secure the future supply of cocoa and improve farmers’ livelihoods. It supports the Cocoa Horizons Foundation in its goal to shape a sustainable future for cocoa and chocolate.