Canada’s largest sugar refinery set to sweeten Hamilton ports
Published January 16, 2024 at 1:36 pm
Hamilton’s lakeshore will get a little sweeter in the coming years as a growing sugar manufacturer plans to build the biggest sugar refinery in the country on a local pier.
The Hamilton-Oshawa Port Authority (HOPA) announced the plant was coming to Hamilton in a press release on Jan 16. The refiner Sucro Can had previously announced plans for a new plant in Southern Ontario, but the city it would call home remained a mystery for nearly a year.
The new plant is set to bring a $135 million investment to the Hamilton Ports, specifically Pier 15. When fully operational, the plant will process one million metric tonnes of sugar every year. “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 Sucro Founder and CEO Jonathan Taylor.
“Despite steady demand from an expanding food processing sector, overall refining capacity in both Canada and the United States has been stagnant for years,” Taylor continued, “Especially in Ontario, where the demand for sugar is growing at one of the fastest rates in North America.” Sucro said it chose the Hamilton Port because the company is focused on improving its customer’s supply chains.
President & CEO of HOPA Ports Ian Hamilton said,”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,” he continued.
Mayor Andrea Horwath was also excited about the plant saying, “Hamilton is proud to be chosen as the home for what will soon be Canada’s largest sugar refinery. I look forward to working with Sucro Can Sourcing and HOPA on this important new facility and ensuring this $135-million investment helps Hamilton continue to shine as the centre of Ontario’s vital food cluster.”
Ontario’s food and beverage industry is the third-largest in North America raking about $48 billion annually. It has more than 45,000 businesses in the province which employ more than 104,800 people.
Sucro was founded in Miami in 2014 and has since expanded into Mexico City, Sao Paulo, Cali, Guayaquil, and Port of Spain.inthehammer's Editorial Standards and Policies advertising