September 11, 2008


China's Yurun opens processing facility in Hubei


Jiangsu Yurun Group is opening a RMB 300 million, 2-million pig slaughter capacity facility in Hubei's Hongan County.


The facility would use the latest imported processing machinery and could reap yearly revenues of RMB 2 billion, with RMB 183 million  in profits.


Yurun is one of the top ten private enterprises in China


Media reports indicate that the group is also investing RMB 200 million (US$29.2 million) to build two 50,000-head pig farms in the same county.


Yurun's investment is likely to spur the development of the region's hog and feed production, reports said.   

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