January 22, 2010

 

Norway's Fisks Mølle to build new feed grain factory

 
 

Fiska Mølle announced plans to build a new feed grain factory, with the capacity to produce 100,000-150,000 tonnes of grain per year.

 

The NOK140 million (US$24.63 million) feed grain factory will either be built near Norske Skog's plant in Skogn or in the industrial area in Verdal.

 

Initial plans are that farmers from the region should account for at least 51% ownership of shares in the factory and invitations to purchase stock in the factory will be sent out over Easter.

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