La Coop fédérée figures among the largest enterprises in Canada, according to the 2016 FP 500 rankings from the Financial Post Magazine, made public Thursday, reports Canada Wires.
The record results announced during its annual general meeting in February, have contributed to moving La Coop fédérée from the 86th position to the 74th in the rankings. Furthermore, La Coop fédérée is also the second largest agri-food organization in Canada after Cargill Ltd, according to these same rankings.
Indian Cooperative giant IFFCO had collaborated with “La Coop fédérée to operate a nitrogen fertilizer production plant at Becancour scheduled to be commissioned by 2017.
In December last year the IFFCO Canada has said it will have a new arrangement for its project at Becancour. An upswing in construction costs has rammed home the need for a new strategy and for new business partners, a release issued by CEO Manish Gupta had read.