What Impact Will Pilgrim's New Investment Have in Querétaro?
Pilgrim's $1.3 billion investment aims to boost national poultry production and reduce imports, with Querétaro receiving significant capital for plant modernization.
Querétaro is one of the states included in the investment of over 1.3 billion dollars (USD) to be injected by the poultry company Pilgrim’s. During the morning conference, Secretary of Economy, Marcelo Ebrard, along with company executives, announced the project, which aims to increase national production and reduce chicken imports by 35%. This investment also aligns with the objectives of Plan Mexico to achieve food self-sufficiency. The global investment will be allocated across eight states in the country with the goal of modernizing existing plants and increasing productive capacity by an additional 373 thousand tons of chicken.
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Querétaro, Among the States Included in Pilgrim’s Investment
, along with San Luis Potosí and Hidalgo, will receive a capital injection of 150 million dollars (USD).
Among the data shared at the conference, the following impacts of the investment were highlighted:
- Over 4,000 direct jobs
- Over 16,000 indirect jobs
- An additional production of 373 thousand tons
Food Industry in Querétaro: Economic Data
The Data Mexico platform reports that Querétaro imported 207 million dollars (USD) worth of animal-derived products in 2024. Of the total imports, 0.53% corresponded to fresh, refrigerated, or frozen poultry meat.
According to company information, Pilgrim’s works with over 4,000 family farms in the U.S. and Mexico. Its headquarters are in Greeley, Colorado, and they have operations in 12 U.S. states, as well as in Mexico and Puerto Rico.
Pilgrim’s operates in the country with six processing plants and seven feed mills, as well as breeding farms, fattening farms, and distribution centers. Querétaro is one of the states where they already have operations.
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first appeared on Líder Empresarial.
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