China: Yuhe Int'l expands hatchery operations

A leading supplier of day-old broilers in China, Yuhe International,has announced updates on its hatchery facility expansion.

On June 10, 2008, Yuhe entered an agreement with Shandong Meiweite Food to purchase land use rights to an area covering 26,666 sq ms for a total of RMB10 mln (US$1.5 mln).

The land will be managed and utilised by Yuhe to build a new hatchery in 2009, bringing the total number of hatcheries to three by the end of next year.

"We consider it as another important step for us to further expand production of day-old broilers to meet the growing demand for chicken in China," said CEO of Yuhe, Zhentao Gao. "We are confident that the new hatchery will be ready for operation as planned by the end of 2009. It will be a significant milestone for the company to move one step closer in becoming the largest day-old broiler breeder in China."

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