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Investments, demand lead Friesens Corporation to another record year – PembinaValleyOnline.com

January 31, 2023
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Investments, demand lead Friesens Corporation to another record year – PembinaValleyOnline.com
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2022 was another record-breaking year for Friesens Corporation. According to a year-end report, the Altona-based print and packaging manufacturer broke records for revenue, profits, and the number of employees, led by incredible results from its core business, the Book Division. 

CEO, Chad Friesen, attributed this continued success to several factors, some dating back several years. That includes investments of over $40,000,000 in equipment, expanded facilities, and new technology.

“We didn’t do that knowing that there was going to be a big surge in retail book sales in North America, but when that happened, we were very well positioned to accept more volume at a time when the print industry or the book manufacturing business in North America had actually lost a bunch of capacity over the last 10 years,” explained Friesen. “And so, Friesens was in this ideal…

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