Canadian meat company Olymel invests 235m in Ontario plants

first_imgCanadian meat company Olymel invests $23.5m in Ontario plantsPosted By: News Deskon: November 16, 2017In: Business, Financial, Food, Industries, ManufacturingPrintEmailThe move includes expanding Olymel’s existing poultry plant in Brampton. © GoogleCanadian meat company Olymel has invested CAD 30 million ($23.5 million) in the redevelopment of a poultry processing plant in Ontario, as well as the addition of a new plant that significantly increases the company’s capacity.The existing plant in Brampton – near Toronto – which had previously reached its full production capacity, has now been equipped with a fourth breading line and high-performance equipment resulting in higher productivity and efficiency gains.The plant is now able to produce gluten-free products for both its own brands, such as Flamingo, and for private label.Olymel has also acquired a new plant that adds more than 50,000 square feet to the existing surface area of the two Olymel factories, making additional space available for future expansion. FoodBev understands that the second plant, also in Brampton, was previously owned by European Quality Meats.The recently acquired and refurbished plant is specialised in deboning, which was previously done at Olymel’s other site in the city.Olymel CEO Réjean Nadeau said: “This major investment and the operational reorganisation 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.”In July, Olymel invested CAD 2 million ($1.55 million) to convert a section of its pork processing plant in Red Deer, Alberta.It followed it up a week later with a CAD 8.1 million ($6.4 million) investment in its La Fernandière sausage plant in Trois-Rivières, Québec.Share with your network: Tags: CanadachickenmeatOlymellast_img read more