In a landmark collaboration, Sucro Can Sourcing and Hamilton-Oshawa Port Authority (HOPA Ports) have unveiled plans to construct Canada’s largest sugar refinery. This ambitious project is poised to redefine the nation’s sugar industry landscape.
The groundbreaking initiative was announced jointly by Sucro Can Sourcing, a subsidiary of Can Foods Inc., and HOPA Ports, a key player in facilitating international trade through its port operations in Hamilton and Oshawa.
With an estimated investment of $135 million CAD, the state-of-the-art refinery is expected to significantly bolster Canada’s sugar production capacity. The facility’s strategic location within HOPA Ports’ territory offers unparalleled access to global markets, positioning Canada as a major player in the sugar processing and supply chain.
The new sugar refinery will have an annual refining capacity of 1 million metric tonnes New plant is expected to open in 2025.
“The sugar markets in both Canada and the United States are experiencing steady, long term, sustainable growth, and Sucro is investing to supply these growing market demands,” said Jonathan Taylor, Founder and CEO of Sucro Sourcing. “We have a customer base that is loyal and growing, benefiting from the new competition we are bringing to the market.”
Food and Beverage Processing Sector
Ontario’s food and beverage manufacturing sector is the third largest in North America with manufacturing revenues of more than $48 billion. The sector has more than 45,000 establishments in the province, employing over 104,800 people.
“HOPA Ports is thrilled to be working with Sucro Can to make this historic investment a reality,” said Ian Hamilton, President & CEO of HOPA Ports. “We worked closely with Sucro Can to understand its location and logistics needs and those of its customers. The new refinery in the heart of southern Ontario’s food processing cluster has access to marine, rail and highway transportation options. The facility’s new capacity and reliability will give Ontario food processors the confidence to invest in their own operations. For us this is a huge win: driving a resilient and efficient supply chain, growing the economy and creating jobs.”
Industry analysts anticipate that the refinery’s inauguration will herald a new era of growth and opportunity for Canada’s sugar sector, paving the way for increased self-sufficiency and competitiveness in the global marketplace.
For more information please visit HOPA or Hamilton Economic Development.
