GFM Network News


(PorcOlymel.com)

Olymel gets home province’s backing for plant upgrades

Quebec to invest $150 million in packer

Pork and poultry producer and packer Olymel has picked up equity investments from its home province to support a total of $315 million in plant upgrades. The Quebec government announced Tuesday it would invest $74 million in Olymel through its economy and innovation ministry’s Fonds pour la croissance des entreprises quebecois (FCEQ) plus $76 million […] Read more



(PorcOlymel.com)

Olymel pork plant workers take slaughter into OT

Over 800 volunteered for added shifts with charitable twist, packer says

Workers at three Olymel hog slaughter plants in Quebec volunteered for overtime shifts over the weekend to help clear the province’s backlog of market-weight hogs, the company said Saturday. Sollio’s meat packing arm said over 800 workers at its slaughter plants at Yamachiche and St-Esprit and the former F. Menard plant it now owns at […] Read more

F. Menard’s retail butcher shop at Ange-Gardien underwent a major renovation in July 2018. (FMenard.com)

F. Menard’s pork industry assets cleared for sale

Antitrust regulators have cleared the path for La Coop federee to take up a significantly larger, vertically integrated share of its home province’s pork packing, feed milling and hog production sectors. The agribusiness co-operative announced Thursday its Olymel and Sollio Agriculture arms have “received the green light” from the federal Competition Bureau to buy the […] Read more


F. Menard’s retail butcher shop at Ange-Gardien underwent a major renovation in July 2018. (FMenard.com)

Olymel, Sollio to take up F. Menard pork, feed businesses

The meat packing and ag input retail arms of Quebec’s La Coop federee are about to take a much longer reach in their home province. The agrifood co-operative announced Tuesday its Olymel and Sollio Agriculture businesses have an agreement in place to buy the hog breeding, pork slaughter and packing, grain sourcing and feed milling […] Read more