Cargill plans to expand in Vietnam with a $28 million investment in a new animal nutrition plant in the South of Vietnam. The facility will be equipped with state-of-the-art technology, focusing on specialty nutrition and premix products to serve Vietnam livestock and aquaculture farmers with a broad range of animal nutrition offerings. The announcement was made during the 25th anniversary of Cargill’s operations in Vietnam.
“The last 25 years has been an amazing journey for Cargill in Vietnam. We are committed to the development of Vietnam’s agriculture sector and are optimistic about the future for Cargill and the farmers and communities across the country,” said John Fering, managing director, Cargill animal nutrition in Thailand and Vietnam. “As shown today, we will continue to make investments that advance Vietnam communities, create a brighter future for Vietnam’s future generations and help us deliver for Vietnamese customers, through quality animal nutrition and health innovations.”
Cargill established its business in Vietnam in 1995, one of the first American companies investing after the normalization of Vietnam – U.S. relationship. To date, Cargill has invested more than $160 million in Vietnam to build eleven animal nutrition plants, one grain and oilseed warehouse and two aqua technology application centers for fish and shrimp. Today, Cargill employs approximately 1,500 people in Vietnam. Through animal health and nutrition workshops conducted since 1997, Cargill has trained 1.7 million farmers on health care, nutritional knowledge and best practices in farm management.
The anniversary is also marked by Cargill’s completion of its 100th school, built as part of the company’s Vietnam School Building Project which was created in 1996 to support the local community through education.