USA

4.2 million dollars invested by Cargill in beef grinding capacity

Processing

Ground beef demand is rising in North America and the company wants to expand its market share.

Posted on Feb 02 ,10:10

4.2 million dollars invested by Cargill in beef grinding capacity

Cargill Protein announced an investment of 4.2 million dollars in SC plant in Columbia (USA) to expand beef grinding capabilities for consumers in the East Coast. By May 2018, the plant will be equipped with precision grinding equipment that will increase ground beef production by 15%, informs the company.
The facility in Columbia was purchased by Cargill Protein in 2016 from FPL Food. "This investment shows our commitment to the beef industry in the Eastern U.S. and allows us to deliver on the increasing needs of beef customers in the region, through the installation of higher performance production technologies", mentioned John Keating, president, business operations and supply chain, Cargill Protein.

The company has invested more than 850 million dollars in the last two years in its US and Canada facilities to respond the consumers demand for animal protein This includes a $111 million cooked meats plant conversion in Nebraska, $27 million egg processing facility expansion in Michigan, $50 million distribution center at its Kansas beef plant, $146 million expansion of a cooked meats facility in Tennessee, and acquisitions of meat processing facilities in Texas, South Carolina and Tennessee, reports Drovers magazine.

(Photo source: Pixabay)

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