Thai Union Feedmill to Invest $55 Mln in Ecuador Aqua Feed Plant
Thai Union Feedmill will undertake a $55 million investment in Ecuador to build an aqua feed facility.
The company said in an announcement to the Thai Stock Exchange it will establish a new subsidiary to carry out the operation, cover the land purchase, factory construction, machinery procurement, and related expenses.
The new plant is expected to increase the company's total local production capacity by approximately 80%. Construction and machinery installation will take approximately 2.5 years, with commercial operations anticipated to begin in 2028.
To Read Full Story Login Below.