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Richardson International has unveiled plans to invest in its oat mill in Bedford, UK, to increase production capacity by more than 35%.
The investment is part of the company’s plan to meet the increasing demand for oats and oat-based products.
Richardson International Milling Operations vice-president Benoit Soucy said: “The global oats segment is thriving as shifting consumer behaviours drive market growth.
“A significant investment such as this will enable us to fulfil the incremental demand of our customers as we continue to efficiently meet current requirements and anticipate their evolving needs.”
The investment will be used to improve all the operational aspects of the plant ranging from intake and warehousing capabilities to logistics and distribution, the company said.
Construction works at the site will begin later this year and the project is expected to be completed by 2025.
The company said that the construction works will not impact current operations.
Upon completion, the facility will be equipped with a high-speed receiving system.
It will have an increased storage capacity to ensure efficiencies in production and processing capabilities.
The Bedford site will also have a newly expanded warehouse upon completion to facilitate improved transportation and logistical functions, the company noted.
Richardson Milling UK board director David Jordan said: “As a world-class oat milling operation, we are incredibly excited by our new plans. Consumer interest in healthy oat products continues to grow and we see this as a great opportunity to supply existing and new customers with quality oat products.
“The outlook is positive for all industry participants – from the farming community and our facility staff to our suppliers and valued customers.”
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