Danone Investing in Yogurt in Canada
Danone in Canada announced a $40 million investment in its Boucherville head office plant for the production of its OIKOS Greek yogurt.
Building on the success of OIKOS, a brand that is increasingly popular with Quebec consumers, Danone has acquired leading-edge precision equipment that provides great versatility in the manufacturing and packaging of its product. "This investment not only confirms Danone's role as a major agent of economic development in Québec, but reasserts its leadership as the country's largest yogurt producer," said Nick Krzyzaniak, president and CEO of Danone in Canada.
"Today's announcement is further proof that Danone is firmly implanted in the community and plays an active part in the economic benefits of the region and of Quebec," said Muriel Pénicaud, member of the Danone executive commitee, general manager Human Resources and chair of the board of the Danone Ecosystem Fund. "Beyond our business activities, we firmly believe that eating a yogurt a day is healthy for everyone," Pénicaud added.