Feihe to milk profits from new Ontario plant
China Daily | Updated: 2017-08-11 08:25
OTTAWA - Feihe International Inc, a leading manufacturer of infant formula in China, said it is ramping up construction of a plant valued at C$300 million ($234 million) in the Canadian province of Ontario. The plant is expected to come onstream in 2019.
Leng Youbin, chairman of Feihe International Inc, told Xinhua in Ottawa on Tuesday that Feihe's board decided to invest and set up the plant in the city of Kingston, because of the region's natural and cultural features.
"We inspected many places, including some in the US and other parts of Canada, and came to conclusion that Kingston is very good place for production," Leng said.
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