PIC buys Australia's largest piggery
Australia's biggest piggery, Nippon Meat's Tong Park has been purchased by
The Pig improvement Company (PIC) for an undisclosed price.
The state-of-the-art piggery at Warra, located on
southern Queensland's Darling Downs, employs 65 people and houses almost 7,000
sows and their piglets.
Company chief executive officer Paul O'Leary
says grain prices and fluctuating currencies are some of the factors making it
tough for the pork industry.
â€œAt the same time with the opportunities we
had and the robustness of that facility in terms of its consistency of output
and the tremendous quality that it can achieve, it really does give us some
confidence to go forward with that investment,â€ he said.
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