Type
Business expansion
Country
France
Region
Ouest; Pays de la Loire; Loire-Atlantique
Location of affected unit(s)
Montoir-de-Bretagne
Sector
Manufacturing
Manufacture Of Food And Beverage
Manufacture Of Food Products
10.9 - Manufacture of prepared animal feeds

4,050 jobs
Number of planned job creations
Job creation
Announcement Date
18 September 2008
Employment effect (start)
15 September 2008
Foreseen end date
31 December 2008

Description

US agrofood group Cargill has announced that the group has created 4,050 jobs since the inauguration of the new site on 18 septembre 2008. Cargill has teamed up with Sofiproteol, a French financial institution which operates in the vegetable oil and protein sector, to construct a rapeseed crush plant in France's Loire-Atlantique region, its third in the country. Three quarters of the output of the new plant will be dedicated to the production of biofuels, which will then be sold to Total and incorporated into the diesel at the oil group's refinery in the town of Donges. The remaining 25 per cent will be use to manufacture cooking oil.

Located in Montoir-de-Bretagne, the new site represents an investment of 65 millions euros, of which Sofiproteol is responsible for 25 per cent, and will have a production capacity of 350,000 tonnes of rapeseed and 250,000 tonnes of oil. The factory will enable Cargill to boost its production of rapeseed and oil in France by 50 per cent.


Sources

Citation

Eurofound (2008), Cargill Montoir-de-Bretagne, Business expansion in France, factsheet number 67102, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67102.