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Stock Market & Financial Investment News

News Breaks
November 26, 2012
17:50 EDTNEPTNeptune Technologies announces plan to resume operations follow plant explosion
Neptune Technologies & Bioressources announced its action plan going forward to resume operations which have been interrupted as a result of the incident that occurred on November 8 at its production plant located in Sherbrooke, Québec and to progressively supply customer demands in the interim. Quickly following the incident, Neptune has established five recovery committees composed of senior management and key employees to coordinate employee assistance, the action plan and business aspects: (1) human resources & communications, (2) sales & marketing, (3) plant reconstruction, (4) finance and (5) a strategic committee overseeing potential strategic opportunities and coordinating the efforts of all committees. As its first choice, Neptune intends to reconstruct an operational plant using the expansion facility that was under completion and certain existing equipment in the expansion. The cost and length of time to complete the reconstruction is being determined.
News For NEPT From The Last 14 Days
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September 23, 2014
08:22 EDTNEPTNeptune reaches annualized production capacity of 100 metric tons at Sherbrooke
Neptune Technologies announces that its Sherbrooke plant is now operating at an annualized production capacity of 100 metric tons and customer shipments of Neptune manufactured krill oil products have commenced.

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