Canola plant to see $15M expansion
CANOLA • A Lethbridge canola plant is being expanded and given a new research lab to enhance its delivery systems and deal with demand created by anti-trans fat legislation.
Winnipeg-based Richardson International Ltd. announced Wednesday it will invest $15 million to expand its canola packaging plant in Lethbridge by 40 per cent, adding 33,000 square feet to warehouse space and bulk oil storage.
It will also open a $1.5-million lab and pilot plant at the Lethbridge facility to continue to develop new canola-based oil, non-hydrogenated margarine and shortening products for the food processing, bakery, food service and retail markets.
Richardson is Canada’s largest privately owned agribusiness.