08:46:01 EST Sun 08 Feb 2026
Enter Symbol
or Name
USA
CA



Rogers Sugar Inc
Symbol RSI
Shares Issued 128,181,916
Close 2025-11-28 C$ 6.09
Market Cap C$ 780,627,868
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Globe says Rogers Sugar slows Montreal facility revamp

2025-11-28 07:13 ET - In the News

The Globe and Mail reports in its Friday, Nov. 28, edition that Rogers Sugar is pushing back completion of a $300-million modernization project at its aging Lantic refining factory in Montreal as growth in demand for the sweet stuff in Canada tapers off to more historic levels. The Globe's Nicolas Van Praet writes that the Vancouver-based company said Thursday it will delay the commercial start of the revamped facility by about six months, to the summer of 2027. The projected cost for the work remains unchanged. "There's not as much pressure right now as there was when we launched the project," chief financial officer Jean-Sebastien Couillard said in an interview. He said the company has seen domestic demand growth of 3 per cent or more in recent years but that is now slowing to 1 to 2 per cent, meaning there is less urgency to boost supply. It is the first time in two decades that the Lantic Montreal plant has received a large-scale upgrade, an effort that will increase output 20 per cent and bring a significant portion of its infrastructure up to modern building codes. Everything from German-made batch centrifugal machines to walls with better fire resistance and a new rail loading station are being installed.

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