Aboitiz Foods has inaugurated its latest and most advanced feed mill in Long An, Vietnam last month.
The company said the $45-million state-of-the-art facility is its largest investment in Vietnam to date.
Gold Coin Long An Feed Mill spans 3.8 hectares and a modern laboratory, capable of producing 300,000 metric tons (MT) of livestock and animal nutrition feed annually.
The facility replaces the Dong Nai mill and complements the fully operational Binh Duong plant, bringing Aboitiz Foods’ total feed production capacity in Vietnam to 1.1 million MT.
” Vietnam is a key market of ours and this new facility reinforces our strong position in the country and marks a significant step in building our regional feed platform,” said Tristan Aboitiz, Aboitiz Foods president and chief executive officer, in a statement yesterday.
Aboitiz Foods said the facility is situated near a long river route with a private port as the feed mill facilitates efficient trade of finished goods and raw materials, reducing customers’ time and costs.
The company said the facility’s strategic location also enhances food supply and safety chains for central, southern and Mekong Delta provinces, supporting sustainable growth and local employment.
“Through this feed mill, we will continue to lead in the agribusiness space, delivering top-quality products and solutions that contribute to the country’s progress and prosperity,” said Eric Nojac, Aboitiz Foods business chief executive officer.
Aboitiz Foods serves as the unified corporate brand of Pilmico, one of the leading flour and feed manufacturers and meat producers in the country together with Gold Coin Management Holdings Inc. which manufactures animal feeds in Asia.