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Hurricane affects Mexican poultry production

Bachoco, Mexico's leading producer and processor of poultry products, announced today that Hurricane Lane, which hit the southern part of the state of Sinaloa on September 16th, affected some of the chicken growing farms the Company owns in that region.

Cristobal Mondragon, Bachoco's Chief Executive Officer, stated, "We focused immediately on assisting and supporting all of our workers and employees that could be affected by the hurricane."
They have made a preliminary evaluation of the damages and can report that the main impact was on equipment and utilities. The framework of the farms suffered only minor damages, so they expect to restart operating the farms quickly.
Bachoco posted net sales of US$1.36 billion for 2005 divided among the company's four main product lines as follows: 80.1% chicken and chicken-related products, 8.7% table eggs, 7.2% balanced feed, and 4.0% swine and other lines.
 

 

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