Hilton Food Group investing $54m in New Zealand expansion
Cambridgeshire headquartered Hilton Food Group plc is investing NZ $54 million (£29.19m) in expanding its packing capability to New Zealand.
The Huntingdon-based group is building a new meat processing facility in Auckland.
The facility will supply Progressive Enterprises, New Zealand's leading retailer, trading as Countdown Supermarkets.
As Progressive is also part of the Woolworths Ltd this development further strengthens Hilton's existing relationship with Woolworths.
Hilton says the development will take place as an extension of the existing site and is subject to government approvals and the negotiation and finalisation of construction and tenure agreements.
It is proposed that Hilton's newly formed subsidiary, Hilton Foods New Zealand, will finance the new food packing facility, with start of production targeted for 2020.
The new facility will be capable of supplying Progressive stores in New Zealand with a range of beef, lamb, pork, chicken and added-value products.
Hilton started production in the UK with two factories on the Huntingdon site in 1994 and built an additional state-of-the-art factory in 2007 to handle the rapid growth of the company.