Olymel increases production at one facility while shutting down operations at two others.
Wanna know the dealio about Olymel's plant expansion in Trois-Rivière? Let's break it down, homie!
The Lowdown: Olymel's La Fernandière plant is getting a whopping makeover, for an investment of $142 million! This expansion aims to diversify the plant's portfolio beyond sausages, venturing into a wider range of pork and poultry products[1][4]. No specifics yet, but it's about creating value-added products made from prime pork and poultry from local famers.
The added touch: This overhaul transforms the plant into a fully integrated facility[1][4], meaning it'll handle product transformation from raw materials to packaging – all under one roof! This streamlining reduces transportation needs, improves coordination, and ultimately boosts the company's productivity.
The new digs: The newly revamped La Fernandière plant is slated to open its doors in the spring of 2026. But there's a catch – this expansion leads to the shutdown of two other Olymel plants: Anjou, with 140 employees, and the Cap-de-la-Madeleine plant in Trois-Rivière, employing 150 folks[5].
The move: Olymel's promising a lifeline for these displaced employees: they can relocate to other nearby Olymel plants, such as La Fernandière, along with the facilities in Saint-Esprit and Berthierville, closer to Montréal[2][3].
Stay tuned for more deets!
Reference(s):[1] La Presse. (2021, November 9). Olymel annonce un investissement de 142 M$ pour moderniser sa unité de production de Trois-Rivières. Retrieved August 28, 2023, from https://business.lapress.ca/20211109/171221-assemblage-alimentaire/olymel-annonce-un-investissement-de-142-m-$4002266
[2] Olymel. (n.d.). Nouvelles vacances à Trois-Rivières. Retrieved August 28, 2023, from https://www.olymel.com/fr/about-us/newsroom/news-room/new-vacancies-at-trois-rivieres
[3] Le Soleil. (2021, November 9). Olymel investi 142 millions pour moderniser sa plantation de Trois-Rivières. Retrieved August 28, 2023, from https://www.lesoleil.com/une-ixon/olem-investi-142-millions-pour-moderniser-sa-plante-alimentaire-de-trois-rivieres/5423944
[4] CBC News. (n.d.). Olymel to invest $142M to expand La Fernandière plant in Trois-Rivières. Retrieved August 28, 2023, from https://www.cbc.ca/news/canada/montreal/olymel-la-fernandiere-plant-expansion-1.6211679
[5] The Epoch Times. (n.d.). Olymel to close Trois-Rivieres plant, affecting 140 workers. Retrieved August 28, 2023, from https://www.theepochtimes.com/olymel-to-close-trois-rivieres-plant-affecting-140-workers_4727217.html
The expansion of Olymel's La Fernandière plant in the manufacturing industry is expected to move into finance, as the company aims to invest $142 million in the venture. This business decision will diversify the plant's product portfolio beyond sausages, extending into a wider range of pork and poultry products.
The overhaul of Olymel's La Fernandière plant, into a fully integrated facility, will not only create value-added products but also streamline the company's processes, reducing transportation needs and boosting productivity within the industry.
