03:43 PM EST - The Jean Coutu Group : announced today its intention to consolidate its operations presently located in Longueuil, including the headquarters and distribution centre, on a three-million-square-foot land parcel strategically located near Autoroute 30 in Varennes, on the south shore of Montreal. Construction of the new facilities, more modern and enlarged, will begin in 2014. The project represents a total investment of nearly $190 million. The Jean Coutu Group
shares T.PJC.A are trading down $0.38 at $16.45.
