Tyson expands in Argentina
15/01/2007
The world's largest processor and marketer of chicken, beef, and pork, US-based Tyson Foods, Inc. has entered into a joint venture with cattle feeding firm Cactus Feeders Inc. and agri-business company Cresud S.A.C.I.F. y A. in
The venture will use an existing feedlot operated by Cactus and Cresud to supply most of the beef for a beef slaughter and a processing plant recently purchased by the joint venture. Both the feedlot and plant are located in central
The feedlot, located in the
Approximately 380 people work at the government inspected facility, which now has the capacity to slaughter and process approximately 9,500 cattle per month. The new company expects to expand capacity to 15,000 head per month in the future.
As part of the joint venture, much of the plant’s production will gradually be converted from grass-fed to grain-fed beef using cattle from the Cactus-Cresud feedlot. The higher quality product will provide increased access to important export markets in
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