Richardson International is investing $220 million in a new, state-of-the-art Wesson Oil facility in Memphis, Tenn., which will replace the existing refinery. When completed, the new refinery will modernize the site and significantly increase production and refining capacity, furthering the company’s ability to fulfill customer requirements and a growing global demand for vegetable oil. The improved efficiencies of the new facility will reduce in water, energy, and wastewater volumes.
Richardson’s oilseed processing division recently completed a three-year expansion project at its facility in Yorkton, Saskatchewan, which has more than doubled the site’s crushing and refining capability.
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“The Wesson Oil facility in Memphis provides Richardson a strong retail brand and a great location supported by a very dedicated team of employees,” says Tobias Dewey, vice president, oilseed operations. “Collectively, these elements provided the confidence to support meaningful investment and innovation in the Memphis plant’s operations, including significantly expanding our industrial and foodservice offerings. We are excited that this plan will soon become fully realized.”
“There is a 360-degree aspect to what we do. In considering our employees, our plant, and the local community, Richardson strives to be a responsible operation,” adds Jason Medawar, senior director, operations, Memphis. “This latest announcement underscores our commitment to business sustainability, to best-in-class facilities, and to our team at Memphis. It also underscores a broader commitment to Shelby County, the city of Memphis, and the state of Tennessee. We are all proud to be part of a company that is here for the long term and an organization that is committed to making a positive impact in the broader community where we do business.”
