Officials celebrate the SucroCan announcement on Tuesday: Hamilton Oshawa Port Authority board member Keanin Loomis; Ontario Minister of Agriculture, Food and Rural Affairs Lisa Thompson; port authority president and CEO Ian Hamilton; and SucroCan founder and CEO Jonathan Taylor, left to right. (Saira Peesker/CBC)


January 18, 2024

A new sugar refinery is scheduled to open in Hamilton's port lands in 2025, aiming to become Canada's largest, with the capacity to produce one million tonnes of refined sugar annually. The Sucro Can Sourcing facility, located at the foot of Sherman Street North, will utilize the previously contaminated Randle Reef as a key element of its operations.

The once heavily polluted site, part of a major cleanup initiative since 2016, will serve as a "dock wall" for ships delivering sugar to the facility. The Hamilton Oshawa Port Authority (HOPA) will oversee the enclosed reef, signaling the near completion of the cleanup process.

The $135-million investment from Sucro Can and HOPA is expected to create 50 to 75 new jobs, with a potential $1-billion economic impact on Ontario. HOPA President and CEO Ian Hamilton expressed that numerous agri-food businesses have been eagerly awaiting a local sugar supply.

Sucro Can's existing smaller refinery in Hamilton will be phased out upon the new facility's fall 2025 opening. Founder and CEO Jonathan Taylor highlighted that the majority of refined sugar will cater to Ontario's growing agri-food sector, with some destined for export.

Sucro Can, based in Florida and founded in 2014, considered various locations before choosing Hamilton, citing a strong relationship with HOPA and excellent transportation access. The company's focus on improving supply chains has contributed to its success, operating another refinery in New York.

Minister of Agriculture, Food and Rural Affairs Lisa Thompson emphasized the Ontario government's commitment to utilizing waterways for goods transportation, referring to them as "H20 highways." While the project has not received government funding yet, Taylor expressed hope for future support.

Construction of the plant is scheduled for spring and summer, with efforts to minimize sound disruptions. Taylor assured that operational emissions and odors would be limited due to the facility's strategic location away from residential areas, learning from past incidents.

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

You may also like

Tim Cook to Step Down as Apple CEO

Apple is preparing for a major leadership transition as Tim Cook steps down from his role as chief executive officer....

Oil Prices Drop 9% as Strait of Hormuz Reopens, Wall Street Hits Record Highs

In a significant shift for global markets, oil prices dropped by 9% after Iran announced the reopening of the vital....

Oil Prices Rise Amid Fragile US-Iran Ceasefire and Strait of Hormuz Uncertainty

Oil prices climbed again in global markets as uncertainty surrounding a fragile US-Iran ceasefire unsettled traders, raising fresh concerns about....

Reese’s Classic Recipe Returns as Hershey Responds to Ingredient Backlash

Hershey has announced it will restore the classic recipe across all Reese’s products, following criticism over changes that replaced traditional....

Oracle Job Cuts Signal Shift as Tech Giant Doubles Down on AI Investments

Oracle job cuts have sent ripples through the tech industry, as the company reportedly carried out a significant reduction in....

Prediction Trading Canada: Wealthsimple Moves Closer to Offering Event-Based Contracts

Wealthsimple is taking a significant step toward introducing prediction trading in Canada after securing regulatory approval, potentially allowing users to....

IPL Team Valuations Soar as American Investors Pour Billions into Indian Cricket

American investors have made a powerful entry into Indian cricket, finalizing two record-breaking deals for Indian Premier League (IPL) franchises....

OpenAI Ad Sales Strategy Expands as Former Meta Executive Dave Dugan Joins Leadership

OpenAI is accelerating its push into digital advertising by appointing seasoned industry executive Dave Dugan to lead its global ad....

Gold Price Decline Deepens as Inflation Fears and Global Uncertainty Trigger Sell-Off

Gold prices extended their sharp decline at the start of the week, signaling a dramatic shift in market sentiment after....

Iran South Pars gas field strike escalates conflict and rattles global energy markets

Tensions in the Middle East deepened sharply after a strike on Iran’s South Pars gas field triggered a wave of....

Cuba Power Grid Collapse Leaves Millions Without Electricity

Millions of Cubans were plunged into darkness after the Cuba power grid collapse triggered a nationwide blackout on Monday, disrupting....

Kharg Island: The Tiny Outpost Powering Iran’s Oil Exports Amid Rising Conflict

As tensions escalated across the Middle East in recent weeks, one location remained notably untouched despite a wave of military....