The United States has reached out to European countries for egg imports in an attempt to save the industry from the recent skyrocketing prices on poultry products.
Hundreds of US meat plants risk losing access to China as registrations expire. The lapse could disrupt billions in trade amid escalating US-China tensions.
The facility will process poultry by-products into ingredients for feed, pet food, and biofuels.
The poultry producer announces a one-time cash dividend for shareholders.
The facility in Sichuan Province is expected to house up to one million hens and produce a range of egg products.