Business & Policy
Hybrid Turkeys announces major investments in U.S.
By Press release
By Press release
March 24, 2017, Kitchener, Ont – Hybrid Turkeys recently announced plans for ongoing and future investments in the U.S. turkey industry.
In order to deliver quality products throughout the supply chain, Hybrid will invest in two new hatcheries, 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 on creating value for customers and built on strong partnerships in the industry,” said Dave Libertini, managing director of Hybrid Turkeys. “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.”
The decision for Hendrix Genetics, parent of Hybrid Turkeys, does not come lightly. This move represents a significant investment of financial capital and human resources in a market long overdue for this type of upgrade.
“We are committed to delivering the quality poults that Hybrid customers are looking for,” said Peter Gruhl, general manager of Hybrid USA. “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.”
The move comes after an announcement in January 2015 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, expects no interruption in supply for their clients.