January 30, 2019

Jefo to invest $30 million in new production plant
 

Jefo, a Canadian feed supplement and animal nutrition company, had announced its plan to build a new 200,000 square feet production plant in Saint-Hyacinthe, Canada.

The new building, estimated at $30 millon, will be located in the Théo-Phénix Industrial Park.

The area is strategic due to its proximity to other Jefo Group facilities, which include a transportation company, a transshipment site, research centres for poultry nutrition, warehouses, a production plant, and the Jefo Campus that was inaugurated in 2017 to become the company's headquarters, Jefo said.

"We aim to generate $1 billion in revenue by 2025, so this project is necessary to support our current growth and ambitious goal. In addition to increasing our production capacity, the new production plant will reduce the risk of producing in a single facility," said Jean-François Fontaine, vice president of the Jefo Group.

The first phase of the project consists of two production lines, with potential expansion to six lines, translating to the creation of 20 new jobs in the near future and 60 in the long run.

Jefo's current production plant features four production lines that generate more than 5,000 tonnes of animal feed additives annually. The products are marketed in more than 80 countries.

- Jefo