Lassonde (TSE:LAS.A) has released an update.
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Lassonde Industries Inc. is set to significantly enhance its U.S. production capabilities with a $200 million investment into a new state-of-the-art beverage manufacturing facility in New Jersey, promising improved operational efficiency and lower costs. The investment aims to bolster the company’s competitive edge in the U.S. northeast market and is projected to be financially beneficial, exceeding the corporation’s cost of capital.
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