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Canadian ice-cream firm Chapman’s expands factory
Yahoo Finance· 2025-09-23 13:46
Group 1 - Chapman's, a Canadian ice cream manufacturer, will invest over C$200 million (approximately $144.64 million) to expand its operations in Markdale, Ontario, including a new 175,000-square-foot production facility [1][2] - The initial phase of the new plant will feature three production lines, with operations expected to commence in mid-2026, and an additional three lines planned for installation in 2027 [2] - The expansion is projected to create 200 new full-time jobs and is supported by a loan of up to C$27 million from the Invest Ontario Fund [2][3] Group 2 - The expansion is seen as critical for Chapman's to strengthen its competitive position against increasing competition from multinationals [2] - The new facility will introduce products that have "never before sold in Canada," aiming to enhance Chapman's export business to meet growing international demand [4] - Chapman's offers a diverse range of over 200 products, including ice cream, frozen yogurt, sorbet, and various single-serve novelties [3]