# Maison Russet to invest $42M in sweet potato processing plant

Maison Russet plans to invest $42 million over three years to modernize its sweet potato processing plant in Huntingdon, Quebec, with government support including a $1.5M grant, a $13.6M loan, and a $3.2M repayable contribution. The investment aims to boost production capacity by 25%.

- Type: Investment
- Announced: 2023-08-15
- Where: Huntingdon, Quebec, Canada
- Value: $31.0M (42.0M CAD)
- Status: announced
- Capacity: 25% production capacity increase
- Products: frozen sweet potato fries
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [Maison Russet](https://endata.com/companies/72206.md)
- [Government of Quebec](https://endata.com/companies/924.md) (investor)
- [Government of Canada](https://endata.com/companies/1351.md) (investor)

## Sources

- [the-gleaner.com](https://the-gleaner.com/governments-invest-in-maison-russets-continued-growth/), 2023-08-23: "Thanks to provincial and federal financial commitments, we will now be able to focus our development and innovation efforts in Huntingdon."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.