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Rema invests one to two billion in new chicken production plant

Rema invests one to two billion in new chicken production plant
Chicken, Photo: Norway Today

Norsk Kylling is in profit again, and now the Rema-owned company has re-launched slaughterhouses and processing plants to a value of between NOK 1 billion and 2 billion.

After the narasin scare, and fears of antibiotic resistance, a growing chicken market has made a shot for the bow, as Norsk Kylling invests in a new billion kroner project, wrote Finansavisen newspaper.

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‘As part of a comprehensive commitment to our entire Chicken Value Chain, we will build a factory that can slaughter and process the entire volume of Norwegian chicken needed today, and for the foreseeable future,’ said CEO, Kjell Stokbakken.

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Norsk Kylling is owned by Rema Industrier, which is a holding company in Reitangruppen.

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Stokbakken said it’s difficult to know the exact price so early in the project, but that it’s a significant investment that will cost somewhere between 1 and 2 billion.

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The current factory at Støren, six miles south of Trondheim, will be closed upon the opening of the new plant, which will be built in Malvik or Orkanger.

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© NTB Scanpix / Norway Today

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