Zhongpin to build US$61m processing plant
The new facility will have an annual production capacity will of 125,000 metric tons, with 70,000 for chilled pork, 25,000 for frozen pork, and 30,000 for prepared pork products. Zhongpin expects to process about 1.2 million hogs each year.
The site is to be positioned at a geographical hub between the one of country’s largest pig-producing areas at Nong’un and the large cities of Harbin and Changhun. Construction is expected to start later this year, with trial pork production scheduled for the third quarter of 2011. The second building phase, which will include production facilities for prepared pork products, will begin in the Q2 2011 and is due for completion in Q3 2012.
"This facility will be part of our plan to expand to national market coverage for our safe and high-quality food products,” said Xianfu Zhu, Zhongpin chairman and CEO.
