Dive Summary:

• Danone announced Friday that it will invest CA$40 million in the consolidation of its Oikos Greek yogurt production over five years.
• The announcement follows a CA$5 million interest-free loan from Quebec, and the company is already implementing new manufacturing and packaging equipment at its primary office plant in Montreal.
• As many as 250 indirect jobs will be created in the region on top of 10 direct jobs at the facility as a result of the investment.

From the article:

... "This investment not only confirms Danone's role as a major agent of economic development in Quebec, but reasserts its leadership as the country's largest yogurt producer," stated Nick Krzyzaniak, president and CEO of Danone in Canada. ...