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Pilgrim’s Pride Commits $1.3 Billion to Expand Mexican Poultry Operations Through 2030

Officials folded the pledge into Plan México’s investment pipeline to bring the portfolio to roughly $293 billion.

Overview

  • The company and federal authorities announced the plan at the presidential morning briefing, with execution beginning immediately and running through 2030.
  • Funding is allocated as $200 million for Durango and Coahuila, $150 million for Querétaro, San Luis Potosí and Hidalgo, and $950 million for Veracruz, Campeche and Yucatán, including a new processing plant and an Isthmus production hub.
  • Pilgrim’s projects an annual capacity increase of more than 373,000 metric tons—about 38% growth in its Mexican operations—with the goal of replacing roughly 35% of current chicken imports.
  • The expansion is expected to create more than 4,000 direct jobs and thousands of indirect positions, many in rural areas of the south and southeast.
  • The plan includes modernization and sustainability measures such as plant upgrades, expanded incubators and feed plants, and solar and biogas systems in northern sites, with the government highlighting its food security value.