AFG is investing $800 million in the new 775,000-square-foot facility. The company plans to create more than 1,300 new jobs in the region with an annual payroll of approximately $80 million.
The deal closed on September 8 and represents a significant investment that will fuel McCain's growth and expansion in the frozen vegetable appetizer space.
The new space increases Chinova's production from pilot scale to 20 times their current capacity levels with plans to expand their operational team in PEI.
The manufacturer of high-performance OEM, industrial, and process control instrumentation announced several management changes with an eye on bringing sharper focus and clarity to its numerous businesses and market segments, and to better position the company for the future.
The UNFI Foundation’s grant funding is awarded to non-profit organizations that align with the Foundation’s three primary focus areas: increasing the supply of organic food, improving access to healthy food for vulnerable populations and advancing childhood nutrition education.