Bachoco
Encyclopedia
Poultry
Poultry are domesticated birds kept by humans for the purpose of producing eggs, meat, and/or feathers. These most typically are members of the superorder Galloanserae , especially the order Galliformes and the family Anatidae , commonly known as "waterfowl"...
producer in Mexico
Mexico
The United Mexican States , commonly known as Mexico , is a federal constitutional republic in North America. It is bordered on the north by the United States; on the south and west by the Pacific Ocean; on the southeast by Guatemala, Belize, and the Caribbean Sea; and on the east by the Gulf of...
. Its primary operations include preparing feed; breeding and growing chickens; and proceesing and distributing chicken products. It also grows swine. Its 2005 revenue was $1.345 billion USD.
From an internal press release, as of February 2007:
Industrias Bachoco S.A.B. de C.V. is Mexico’s leading producer and processor of poultry
products with over 700 production and distribution facilities throughout the country.
The Company is also Mexico’s second largest producer of table eggs. It sells swine to
meat packers for the production of pork products and is an important player in the
balanced feed industry in México. The Company posted net sales of US$1.36 billion for
2005 divided among the Company’s four main product lines as follows: 80.1% chicken
and chicken-related products, 8.7% table eggs, 7.2% balanced feed, and 4.0% swine
and other lines.
Industrias Bachoco’s shares are listed on the Mexican Stock Exchange and its American
Depositary Shares (ADS) are listed on the New York Stock Exchange. One ADS
represents twelve B Shares.