McCain Establishes First Frozen French Fry Factory in Brazil

McCain Foods, a global leader in frozen french fries, potato specialties, and appetizers, has announced its plans to invest in its first french fry factory in Brazil. This move is part of McCain's ongoing expansion strategy in the Brazilian market. The company has previously acquired stakes in Forno de Minas and Sérya, both Brazilian companies specializing in snack foods. The new factory, which will cost around US$ 100 million, will be located in Araxá, Minas Gerais State, and is expected to create 150 direct jobs and 450 indirect jobs. The factory is set to open in the first half of 2021 and will significantly boost McCain's production capacity in Latin America. Brazil is currently the 5th largest market for frozen pre-fried potatoes, making it a key focus for McCain's global business strategy. About McCain: McCain do Brasil Alimentos is a subsidiary of McCain Foods Limited, the world's largest producer of frozen potato products. The company employs around 21,000 people and operates 53 production facilities across six continents. It generates annual sales of over CDN $9.5 billion. For more information about McCain Foods, please visit https://www.mccain.com. For further information, please contact: Bill Bartlett - VP Global Corporate Affairs bill.bartlett@mccain.co.uk.