Chinese owners of Victoria’s Tabro beef plants ‘in it for the long haul’

DESPITE a rough couple of years since investing in the Australian beef processing industry in 2014, China’s Hengyang Group is in the Australian beef business for the ‘long-haul’, a Melbourne Show industry audience will be told today. The Tabro Meats business, comprising processing plants at Lance Creek in southern Victoria and Moe in the Gippsland region, was bought in 2014 by Hengyang Group (formerly Foresun Group) from industry veteran, the late Ted Brorson. Tabro chief executive, Jack Jiang Tabro Meats chief executive officer Jack Jiang will address a Royal Melbourne Show agribusiness lunch today on where the business is up…

Source: Beef Central
Chinese owners of Victoria’s Tabro beef plants ‘in it for the long haul’