Richardson Investing $220M to Upgrade Tennessee Wesson Oil Facility
Founded in Winnipeg, Manitoba, Canada, in 1857, Richardson International has grown to become a global leader in ag and food processing, and has recently announced an investment of $220 million in a multi-phase project to upgrade its Wesson Oil facility in Memphis, Tennessee.
The plan includes replacing the existing refinery with a new state-of-the-art plant that when completed will modernize the site and significantly increase production to meet rising global demand. Integrated improvements in efficiency will also result in substantial reduction in water and energy usage, and lower wastewater volumes.
This expansion and modernization plan follows closely upon other initiatives from Richardson’s oilseed processing division, including a three-year project at their facility in Yorkton, Saskatchewan, where the company is doubling crushing and refining capacity, and at their facility in Lethbridge, Alberta, where the company is also increasing its crushing and refining abilities.
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