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Olymel hires Bouchard

by 5m Editor
29 September 2006, at 10:35am

CANADA - Meat processor Olymel LP has hired former Quebec premier Lucien Bouchard to help the company restructure the pork sector in the province, where Olymel warns that mounting losses threaten 4,000 of its jobs.

The pork producer announced Wednesday it has hired Bouchard, now a partner in Davies Ward Phillips & Vineberg law firm, to carry out negotiations with the company, its unions, other producers and stakeholders in the industry "with an objective of finding lasting solutions to the grave problems facing the company."

Olymel accounts for 60 per cent of Quebec pork production and employs 11,000 people at plants in Quebec, Ontario and Alberta. The company ships about half its production to the United States, Japan and Australia.

Source: Canoe

5m Editor