Olymel said it is going to invest $142 million at its pork and poultry plant at La Fernandière in Trois-Rivières and will close plants at Anjou and Cap-de-la-Madeleine next spring.
Olymel is owned by Solio Co-operative. It had a tough time in 2022 and 2023 and closed a number of pork facilities in Quebec and scaled back hog purchasing in Quebec and Alberta. Ontario had to divert market-ready hogs to the United States and as far as Manitoba because of Olymel’s crisis.
