Cargill is expanding its animal feed and nutrition business in Thailand with the acquisition of a feed mill in the Prachinburi Province.
The mill was established in 1996 through a joint venture between Sri Thai Foods and Beverages Co and Thai-Denmark Swine Breeding Co.
Producing poultry and swine food, the feed mill has currently ceased production, but Cargill aims to have the site operational in May 2018.
The plant will employ around 50 people and produce 72,000 metric tonnes of feed per year for swine and poultry customers in Thailand. With a size of ten hectares, Cargill said it could expand the facility and add more local jobs as the market continues to grow.
Srithai Feedmill managing director Anan Jantaranukul said: “We are pleased Cargill has acquired the plant. We are confident it will be a prosperous business that will serve Thailand’s poultry and swine farmers well.”
© FoodBev Media Ltd 2018
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