HyLife of La Broquerie has announced a strategic investment from Itochu Corporation of Japan.

In a news release, HyLife refers to Itochu as a key Japanese customer. It also says the investment will further strengthen HyLife's position in the global market of food production and allow the company to expand its business.

Itochu Corporation was founded in 1858 and currently operates in 67 countries.

"This is a very exciting time for HyLife," says Don Janzen, President of HyLife. "We have had several years of significant growth, and this investment will propel us even further in our business plans."

Itochu, a leader in global investments, acquired a minority interest in the company. Current shareholders and management will retain majority and management control.

"Not only does the investment contribute to HyLife’s sustainability, it opens up further potential for growth and creation of more jobs in the future," says Grant Lazaruk, CEO of HyLife.