ST-FRANÇOIS-DE-MADAWASKA, QC, April 7 /CNW Telbec/ - Sunnymel, the partnership formed by Olymel l.p. and Westco, today announced that it had acquired two buildings and an additional 100 acres of land near the private land purchased last October in the vicinity of the village of Clair in the Madawaska region of New Brunswick. This new transaction, the value of which was not disclosed, is part of a several million dollar investment program begun over a year ago to complete a project to build a poultry slaughtering, cutting and deboning plant that would supply the entire Maritimes region from New Brunswick. This transaction is a new step toward completion of the project, which will inject more than 30 million dollars into the regional economy, in addition to being a major source of jobs.
The acquisition of this additional land will provide needed space for truck traffic and facilitate access to the plant. The two buildings will be modified and be used as annexes. A garage will be built to do maintenance on the trucks that bring the birds to the plant. The second building will be able to house live birds arriving at the plant.
"We are very pleased to confirm these new investments, which will create jobs for workers in northern New Brunswick, as well as consolidate the entire industry in the Maritimes. We believe that 2010 will mark the end of obstacles to the project, which will benefit the entire region," stated Westco President and CEO Thomas Soucy.
Sunnymel is designed to integrate all supply operations, from farm to table, in order to strengthen the poultry industry in the Maritimes so as to better serve its markets. The Sunnymel business model pools the expertise of Westco, the largest poultry producer, and Olymel, a processor and distributor with a strong presence in the Canadian market.
About Olymel l.p.
Olymel l.p. is number one in Canada in the slaughtering, processing and distribution of pork and poultry meat products, and has facilities in Québec, Ontario and Alberta. The company employs more than 10,000 persons and exports nearly half its production, mainly to the Unites States, Japan and Australia, as well as some sixty other countries. Its sales are expected to reach almost $2 billion this year, with a slaughtering and processing capacity of 160,000 hogs and 1.7 million poultry every week. The company markets its products mainly under the Olymel, Lafleur and Flamingo brands.
Groupe Westco inc. is a New Brunswick company with its head office in Saint-François-de- Madawaska. The result of a common vision for expansion by many poultry producers, the company has become a model of success and profitability. Westco owns its own hatcheries, breeding farms, and shipping companies, and is also one of the largest poultry production organizations in Canada. The company has a strong commitment to the community, sponsoring several social programs and contributing to fund-raising initiatives in the community.
SOURCE WESTCO GROUP INC.
For further information: For further information: Olymel l.p.: Richard Vigneault, Communications, (450) 771-0400, Cell.: (514) 497-1385; Groupe Westco Inc.: Martin Daraiche, Senior Consultant, Le Cabinet de relations publiques NATIONAL, (418) 648-1233 extension 230, Cell.: (418) 571-8528