Inghams to consolidate production facilities

Company News

by Rachael Jones

Poultry producer Inghams Group (ASX:ING) today announced that it plans to consolidate four of its facilities to three where they produce a range of cooked and frozen products for customers.

The move is consistent with the Project Accelerate program.

It involves investment in capacity at three existing further processing plants in South Australia, Victoria and New South Wales and production volumes absorbed from the Queensland plant in Cleveland over the next eight months.

Ingham’s is confident that redeployment options for the vast majority of Cleveland employees will be available in our other operations in Queensland.

Shares in Inghams Group (ASX:ING) closed up 0.26 per cent to $3.82. 
 

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.