As they continue their growth strategy with further expansion into the United States, their subsidiary, Wincorp Properties, Inc., is finalising the execution of an Asset Purchase Agreement with Crystal Farms Mills, Inc. for the acquisition of a Feed Mill and associated assets located in Georgia, USA. They took over the day-to-day operations of the Feed Mill on 27 August 2018.

President of JBG’s US Operations, Stephen Levy, commenting on the acquisition, stated that:

• The Feed Mill’s third party feed sales will result in increased revenues and profitability for the Group
• With the Feed Mill’s ideal location on the Norfolk Southern Railroad, and its double railway spur, we are able to take full advantage of grain logistics
• The acquisition allows our US Operations to have greater control over its feed supplies
• JBG’s US Operations currently has breeder farms that produce fertile hatching eggs, in Arkansas and Georgia. In addition, we operate hatcheries in Iowa and Pennsylvania

"Jamaican Broilers remains committed to continuous investment in the growth and efficiency of all our operations", they stated in a news release.

The Poultry Site reached out for comment from Dr Desmond Ali, executive director of The Caribbean Poultry Association (CPA), who noted that the CPA is very pleased with the acquisition of Crystal Farms Mills Inc. in Georgia, USA by the Jamaica Broilers Group's USA Operations WINCORP. Dr Ali went on to say that normally, investments flow from developed economies to developing ones. This is a welcome reversal of this time-honoured process.

"WINCORP have major poultry breeder operations in Georgia and Arkansas. This acquisition by WINCORP will more fully integrate the breeder operations with a backward linkage to feed milling and supply. This will enable WINCORP to have greater management and quality control over the feed supplies to the JB-owned breeder farms in the area. Such integration will benefit those many customers of WINCORP who are buyers of their hatching eggs," said Dr Ali.

"I wish to congratulate the JB Group on this strategic acquisition. On behalf of the members of the Caribbean Poultry Association, I wish them success in this new venture."