Hy-Line and Hebei Huayu Company of Hebei province have agreed to invest in increased commercial layer chick production capacity to boost sales of Hy-Line Brown and Hy-Line Sonia in China.
Hebei Huayu Co, with current sales exceeding 120 million chicks annually, plans to boost capacity to more than 200 million chicks/year before 2020.
It is building a new hatchery in Handan, Hebei province, with a total capacity of 55 million commercial layers per year.
Wang Lianzeng, chairman of Huayu Agricultural Science and Technology Co Ltd, said Huayu is the largest shareholder and will oversee the joint venture. Both parties will invest capital and Hy-Line will provide technical expertise.
He sees the joint venture as a win-win for both parties and beneficial for layer farmers in China. Furthermore, Huayu is undergoing a structural transformation to deliver high quality layers and services to customers.