Jamaica Broilers is expecting to increase its capacity by about 25 percent as contract farmers are expected to invest JM$700 million (US$5.85 million) in new poultry housing.
In addition, the company plans to commission another hatchery within the coming weeks. Jamaica Broilers expects the new hatchery, when operational, will increase the capacity for the production of chicks by 12 percent.
Ian Parsand, senior vice president of operations and finance, told the Financial Gleaner: “We are looking at eight existing farmers who would be putting up new houses, an additional five or so new farmers who are looking to enter the business, and a couple of farmers who are expanding on existing poultry houses.”
The planned growth projects, according to Parsand, “should go a far way in terms of meeting the potential additional demand that might be on the horizon.”
Jamaica Broilers Group, according to the WATTAgNet Top Poultry Companies Database, is a fully integrated processor of that markets its products under the Best Dressed Chicken and Hi-Pro brand names. The company also exports its products worldwide. Jamaica Broilers has seven locations in Jamaica and two in the U.S. Its divisions include Best Dressed Chicken, Best Dressed Feed Mill and Best Dressed Foods.