Cargill Acquires Sri Thai feed mill in Thailand to expand Animal Nutrition Business
Cargill’s animal feed and nutrition business is expanding its capabilities in Thailand by acquiring a feed mill in Prachinburi province in Thailand. This feed mill, established in 1996 through a joint venture between Sri Thai Foods and Beverages Co. Ltd. and Thai-Denmark Swine Breeding Co. Ltd., produces poultry and swine feed. Through the acquisition, the plant will now produce poultry and swine feed for Cargill’s customers based in Thailand.
The feed mill has ceased production, and the plan is to begin production in a year. Once fully operational in May 2018, the plant will employ around 50 employees and produce 72,000 MT of feed per year for swine and poultry customers in the Eastern and Northeastern areas of Thailand. Given the large land footprint – 10 hectares or 24 acres – Cargill could expand the facility and add more local jobs as the market continues to grow.
Illustration Photo: Feeding chickens (Public Domain from Pixabay.com)