Louis Dreyfus Co. (LDC) announces the expansion of its canola processing complex in Yorkton, Saskatchewan, which it has operated since 2009.
“This investment supports the group’s strategic growth plans by reinforcing core merchandizing activities, in this case with additional capacity to originate and process Canadian canola seeds to provide nourishment for people and livestock," said Michael Gelchie, LDC’s CEO. "It also positions LDC as a strategic feedstock provider to renewable energy producers and accelerates our contribution to a global energy transition that we are excited to be a part of."
The Yorkton facility employs approximately 120 people in the production of food grade canola oil and feed meal. It is strategically located in the country’s most productive agricultural zone, where canola is the dominant crop, and benefits from dual rail and good road infrastructure. The enlarged complex will create further operational synergies and enhance canola seed sourcing capabilities, said Brian Conn, LDC’s country manager for Canada.
“This project reflects our long-term commitment to North America as a key market for LDC, both in terms of origination and distribution, and is expected to contribute to continued local economic development,” said Conn.
Construction of the additional canola crushing line is expected to begin later this year and will more than double the facility’s annual crush capacity to over two million metric tons when completed.
