Sucro Sourcing Building $100 Million Sugar Refinery in Canada

Sucro Can Sourcing is planning to build a $100 million sugar refinery, Canada’s largest, in southern Ontario. The facility is expected to have an annual refining capacity of 1 million metric tonnes.

Projected to open in 2025, the new refinery will add production based on growing market demand, including any potential export opportunities to the U.S. Sucro currently has an extensive production, sales, and sourcing network throughout North America, with two refining locations and an additional value-added processing facility in North America, as well as offices in Miami, Mexico City, Sao Paulo, Cali, Guayaquil, and Port of Spain.

The Future Is Here: Evolution of the Food Manufacturing Facility

“Sucro is demonstrating supply chain innovation and a willingness to invest in new refining capacity in both Canada and the United States. We have been strongly supported by our extremely loyal and growing customer base,” says Jonathan Taylor, founder and CEO of Sucro Sourcing. “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.

“Despite the steady market growth, overall refining capacity in both Canada and the United States has been stagnant for years,” adds Taylor. “In particular, the demand for sugar in the Ontario market is growing at what we believe is the fastest rate in North America. We also believe a modern, new refinery in Ontario will be very well placed to service any potential market demand for refined sugar in the U.S. market, and fully utilize Sucro’s highly integrated supply chain already in place to service customers in the US market.”