The Jamaica Broilers Group has invested more than $300 million to construct a new processing plant at Spring Village, St Catherine, to relocate its Further Processing Facility from Content, Bog Walk, in the parish.
Senior vice-president of operations and finance at Jamaica Broilers, Ian Parsard, said the facility at Bog Walk is being occupied by an entity in the seafood industry that has a five-year lease and an offer of the option to buy before the lease expires. He said most of the funds for the new facility were generated internally and a small amount of debt was taken on to make up for the shortfall.
Parsard noted that the new 22,000-square-foot facility more than double the 10,000 square feet that the company previously occupied at Bog Walk. In addition, Parsard said, the investment has helped to safeguard the jobs of more than 50 workers directly.
Source: Jamaica Gleaner