Canada

Olymel invests $30m in poultry sector activities

Canadian based meat producer Olymel invests CAD 30 million (23 million dollars) in redeveloping its Orenda poultry further processing plant in Brampton, Ontario, and to acquire a new plant (Westwyn), also located in Brampton.

Posted on Nov 17 ,07:00

 

With this new investment, Olymel's production capacity will increase, particularly in the breaded poultry products segment. Furthermore, it will enable the company to capitalize on business opportunities that the market offers both in the HRI (Hotel, Restaurant and Institution) network and in the retail distribution sector.

Olymel's new building acquisition represents an addition of more than 50,000 square feet to the existing surface area of these two Olymel plants, and makes additional space available to be used for future developments.

The Brampton Orenda plant, which had reached its full production capacity, is now equipped with a fourth breading line and high-performance equipment that are resulting in higher productivity and efficiency gains. Notably, the plant is now able to produce gluten-free products at all times, both for its house brands, such as Flamingo, and for private brands.

The recently acquired and refurbished Westwyn plant is specialized in deboning, which was previously done at the Olymel Orenda plant. The reorganized and extended activities of these two Olymel Ontario plants that specialize in poultry processing will create more than 100 new jobs.

"This major investment and the operational reorganization in the Ontario poultry sector were necessary for Olymel to continue to develop its markets, particularly in the breaded poultry products segment, whose popularity shows no signs of slowing. Olymel is consolidating its position in the poultry sector in Ontario and in Canada by giving itself considerable means to increase its production capacity, actively participate in the economic development of the agri-food processing sector, and create new jobs," stated Olymel's President and CEO, Mr. Réjean Nadeau.

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