Hilton Foods invests $115 million in a meat plant at Heathwood
The new facility will spread across 45,000 square meters. Construction at the site is expected to be finalized in the first quarter of 2019.
Starting January 2020, Hilton will start to supply Woolworths store with beef, lamb and pork products.
Hilton formed a joint venture with Woolworths, Australia in 2013, which operates two factories, one near Melbourne and one in Bunbury, Western Australia. The two facilities supply meat products to nearly one third of Woolworths’ retail stores.
Hilton Food Group plc is a leading specialist meat-packing business supplying major international food retailers, Tesco, Ahold, Albert Heijn, ICA, Rimi and Coop Danmark from state of the art facilities located in the UK, Ireland, the Netherlands, Sweden, Poland, and Denmark.
Hilton Foods reported an increase in pre-tax profit in the first semester of 2017, by 10.4% to 18.4 million pounds on revenue of 690.7 million pounds, up from 631.9 million pounds. Furthermore the increase in volumes of 8.7% were driven mainly by Australia and Portugal.
"We've seen several months in a row of solid growth in seafood exports, and this trend continued ...
Total primary beef volumes saw a slight decrease this period (0.1%). Despite this, mince sa...
In the last 12 months we have instead seen consistent year-on-year increases in volume sales in r...
