Cold storage firm expands Tarlac facility
557 Feather Meal Corp. is expanding its poultry dressing and cold storage facility in Concepcion, Tarlac for P78.3 million.
The project was granted incentives under the Investment Priorities Plan’s Preferred Activities Category for Agriculture, Fishery and Forestry, which covers production of seeds and support services and infrastructures such as facilities for drying, cold chain storage, blast freezing, slaughterhouse, Class AAA dressing plant.
The expansion project already started commercial operations in June this year with an additional 460 personnel on board.
New equipment have been installed at the facility to process 12.48 million birds annually in addition to its existing registered capacity of 19.968 million a year or an increase of 63 percent in annual production capacity.
The facility exclusively serves the poultry dressing and further processing requirements of San Miguel Foods Inc. (SMFI).
This expansion will address the chicken meat requirements of Central Luzon considering its growing demand,” Trade Undersecretary and BOI Managing Head Ceferino Rodolfo said.
The company is the only accredited poultry dressing plant in Tarlac, but there are twenty poultry dressing plants in the entire Region 3. Half are classified as Triple A (including 557 Feather Meal Corp.) and the remaining are considered “AA.”