Hybrid Turkeys announces major investments in U.S.

Two new hatcheries part of investment plan.

Hybrid Turkeys recently announced plans for ongoing and future investments in the U.S. turkey industry. In order to deliver industry-leading quality products throughout the supply chain, the company said it will invest in two new hatcheries and new egg production farms, together with new contract partners, state-of-the-art transportation and the skilled workforce needed to support these areas of operations.

“Our business is focused creating value for customers and built on strong partnerships in the industry," said Dave Libertini, managing director of the turkey division for Hendrix Genetics. "As the demands of the modern consumer evolve, the stresses on a collaborative supply chain for the turkey industry have never been greater. A more transparent food system, with ever reducing use of antibiotics, means that the responsible production of high-quality, day-old turkey poults is critical.”

Hendrix Genetics, parent of Hybrid Turkeys, said the decision was not made lightly. The move represents a significant investment of financial capital and human resources in a market long overdue for this type of upgrade, the company said.

“We are committed to delivering the quality poults that Hybrid customers are looking for. We explored many options and have decided that making an investment in new, state-of-the-art facilities is the only way we can satisfy our client’s demands,” said Peter Gruhl, general manager of Hybrid USA.

The move comes after a January 2015 announcement in which Hybrid and Ag Forte entered into a commercial egg and poult supply agreement. In November 2016, Hybrid served notice that it would not seek to renew this arrangement beginning in January 2019. Hybrid will continue to supply breeding and commercial stock to the U.S. market, and with access to a global supply chain, it said it expects no interruption in supply for clients.

Hybrid is the turkey genetics brand of Hendrix Genetics, the global leader in turkey genetics, with breeding and distribution activities around the world. Based in Boxmeer, Netherlands, privately held Hendrix Genetics has operations in 24 countries, with activities in layer, turkey, swine, traditional poultry and aquaculture breeding.

TAGS: Business
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