Leading chicken producer Ingham’s will invest $275 million to expand the capacity of its South Australian operations.
This includes new breeder farms at Monarto and Yumali, a hatchery expansion at Murraylands, new contract grower farms and an upgrade of the primary processing plant at Bolivar, a potential new feedmill at Murray Bridge and other investments.
According to the company, which already supplies over a third of the nation’s chicken production, the vast majority of the projects are already underway and will be completed over the next year.
Ingham’s Executive Chairman Mick McMahon said the project will double the company’s rate of ongoing investment in Australia to more than $300 million in the next few years.
He said the project is being supported by a $3.7 million investment from the State Government ($2.8 million from the Regional Development Fund and $900,000 from Investment Attraction South Australia).
“The South Australian Government has created an investor-friendly environment and that’s one of the reasons why our investment is concentrated in this State. The business environment here and the State Government’s approach to our industry are very constructive,” he said.
“Its policies on planning, biosecurity, animal health and animal welfare and the regulations surrounding food production are also very supportive for this major expansion and our ongoing production. We have started discussion on how we can tap into the skilled workforce in northern Adelaide and provide new opportunities to those displaced by the closure of car manufacturing. We have already employed some people from this industry in leading positions.”
Premier Jay Weatherill said the investment will create 850 new jobs in regional South Australia and northern Adelaide.
“This multi-site expansion by Ingham’s is a major investment in South Australia, positioning the State as a strategic national centre for the company and its future expansion. Food production is a growing sector of our State’s economy and we are supplying the business conditions that make investing here a wise choice,” Mr Weatherill said.
“This expansion will create hundreds of new direct and indirect jobs for South Australians with a focus on two key areas – northern Adelaide and the Murraylands. Our last State Budget has made South Australia the best place to do business and through Investment Attraction South Australia, we will continue to support businesses like Ingham’s as they grow.”