2 Followers USX:IBA - Industrias Bachoco SAB de CV Industrias Bachoco SAB de CV A
Sector: Consumer Staples, Industry: Packaged Foods & Meats
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USD 53    +0.0 (+0%)

8 May 2023


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General

CEO: Mr. Rodolfo Ramos Arvizu

IPO: 1997-09-19

Headquarters: US

Employees: 34,116

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Description

Industrias Bachoco SAB de CV produces, processes, markets, and sells poultry (chicken and eggs) in both Mexico and the United States. Additionally, it sells feed, swine, beef, turkey, and other products on a smaller scale. The company's poultry business begins with purchasing infant birds and raising the birds to maturity. Industrias Bachoco operates its own feed mills to produce balanced feed for internal use, and to sell to third parties. Several production facilities and distribution centers are located throughout Mexico and the United States to minimize transportation costs, and the company sells through wholesalers, supermarkets, retail, and other niche marketing channels. It generates the majority of its revenue from the Poultry segment.

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