GC Rieber VivoMega has announced a five-year $75 million investment plan to build a new facility at its manufacturing campus. The new facility will enable the company to more than double the output of its high-end triglyceride form of omega-3s EPA and DHA.
GC Rieber VivoMega (Norway) has announced a five-year $75 million investment plan to build a new facility at its manufacturing campus, with an anticipated completion date of early 2024. The new facility will enable the company to more than double the output of its high-end triglyceride form of omega-3s EPA and DHA.
“This investment is part of GC Rieber VivoMega’s continual commitment to develop the needed facilities for the increased capacity and production of our industry leading omega-3 oils,” said Jan Roger Bjerkestrand, managing director of GC Rieber VivoMega, in a press release. “To minimize our eco-footprint, we will be leveraging much of the existing infrastructure, including docks, tanks, laboratories, and energy to provide the same high-quality product that our customers are asking for.”
By the summer of 2022, GC Rieber VivoMega will complete the construction of a 32,000-metric ton tank park and updated technology platform in their existing manufacturing plants. The tank park enables the company to adjust to current supply chain challenges and is a key strategic asset to supporting the new expansion. Therefore, the new facility is also being designed with added flexibility to support future strategic growth areas in omega-3 high-end concentrates.
Senate Committee has released the text of 2024 Farm Bill, with changes to hemp regulations
November 19th 2024The U.S. Senate Committee on Agriculture, Nutrition, & Forestry has introduced the Rural Prosperity and Food Security Act, which will serve as the Senate’s draft for the 2024 Farm Bill.