The agrifoods giant acquired LNB International, a manufacturer of premixes, concentrates and complete feeds in 2007. The investment includes constructing a new pelleting line and a warehouse for finished goods. This will allow for the manufacture of pelleted feed in bag and bulk form.
The project, expected to be completed in summer 2010, will bring a capacity increase of almost 50,000 metric tonnes per year – and could create up to 15 new jobs.
The level of the investment has not been disclosed.