Nicaragua: Poultry Plant Starts Operations

Cargill has inaugurated a new cold storage and distribution plant southeast of Managua, with capacity to store up to 8 million pounds of chicken meat.

Thursday, December 17, 2015

In addition to the new plant, in which $50 million were kkinvested, Cargill announced plans to invest $100 million over the next three years in three new projects, including a plant for shrimp food, in which it plans to invest $12 million.

Xavier Vargas Montealegre, president for Central America, told that another project is "... the expansion of the distribution center that the company has in the country and which will start in January. And ... they will also be investing in a project for hens to produce fertile eggs. Montealegre Vargas explained that now instead of importing the product there will be producing it in the country. "

Vargas added that "... 'This investment of almost $50 million is an example of the trust Cargill leaders have in the country and in our business management. It also shows the progress we have made in Nicaragua.'"

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