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INGHAMS GROUP LIMITED — Capital/Financing Update 2018
Dec 3, 2018
65128_rns_2018-12-03_2df72f24-0d5a-4211-afcc-8cca13bb27ec.pdf
Capital/Financing Update
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ASX Release
4 December 2018
Inghams Group Limited (ASX: ING, Ingham’s)
Ingham’s invests in infrastructure to support profitable growth
Inghams Group Limited is pleased to announce that it will build a new poultry hatchery in Victoria at a cost of $46 million.
The new hatchery, which will replace an existing facility, will improve productivity and increase capacity to support anticipated growth in demand.
Recently appointed Chief Executive, Jim Leighton, said “this significant investment demonstrates our commitment to all of our stakeholders in supporting infrastructure projects that deliver profitable growth”.
The construction of the new hatchery is expected to be complete by the end of 2020, employing approximately 100 people during the construction phase and providing 20 ongoing jobs when fully operational.
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David Matthews
Company Secretary
Media contact
Julia Seddon Ph: +61 2 9826 4410 M: +61 416 059 424 E: [email protected]
Inghams Group Limited • ACN 162 709 506 • Level 4, 1 Julius Ave North Ryde NSW 2113 Australia • Locked Bag 2039, North Ryde, NSW 1670