Moncton 
Edmundston is set to welcome a major new employer as a well-known Swiss bakery group prepares to launch Canadian operations in the city.
From left: Post-Secondary Education and Training Minister Jean-Claude D’Amours; Edmundston Mayor Eric Marquis; Marc-André Cornu, chair of Cornu Holding SA’s board of directors; Yuliia Otrokhova, executive assistant, Cornu Holding SA; Luke Randall, minister responsible for Opportunities NB; and Madawaska Les Lacs-Edmundston MLA Francine Landry./Credit: New Brunswick
Cornu Holding SA and its Canadian arm, TBI, plan to build a production facility for the company’s signature puff pastry flutes. The project represents a $32.5-million investment and is expected to create up to 50 full-time jobs. Support is coming from several levels of government, including the City of Edmundston, which is providing land for the site.
Luke Randall, minister responsible for Opportunities NB, said the decision shows that international companies see potential in New Brunswick. The province is offering a payroll rebate of up to $575,000, tied to the creation of those 50 jobs by 2031. A conditional grant of up to $1.1 million will also help with equipment purchases through 2026. Over five years, the project is projected to add $15.9 million in direct provincial GDP.
Edmundston Mayor Eric Marquis called the investment a reflection of the region’s work ethic and the city’s effort to prepare its industrial park. Recruitment has already started, with openings listed on the company’s website.
Cornu, a family-owned business founded in Switzerland in 1934, employs about 400 people across six facilities in Switzerland, France and Romania, producing roughly 150 million puff pastry flutes each year for 55 countries.
