September 26, 2019

Jamaica Broilers Adds Chicken To US Operation

Published in The Gleaner

The takeover of Gentry’s Poultry in the United States last week marks Jamaica Broilers Group’s entry into chicken production in that market.

“This is the first that we are selling processed chicken in the USA. Prior to the acquisition of Gentry’s, we sold fertile hatching eggs as well as baby chicks,” said senior vice president of finance Ian Parsard.

Jamaica Broilers earns about 40 per cent of its revenue and 30 per cent of annual profit from the its US operations. Parsard declined to disclose past revenue or projections arising from the recent acquisition.

“We are not at liberty to disclose that information at the current time. We will in due course have some financial details for the general and investing publics,” he said.

Gentry’s Poultry Company was started informally in the 1940s by Matt Gentry, who incorporated and expanded the business in the 1950s but maintained the family ownership, according to the company’s website. The South Carolina based company operates a poultry processing plant that sells fresh chicken products to restaurants, institutions, grocers and brokers.

Gentry’s serves customers in South Carolina and neighbouring states, said Parsard.

Read More

Recent News

  • The directors of Jamaica Broilers Group (JBG) sought to calm the fears of at least one minority shareholder that the company might be heading back into private hands owing to major shareholders purchasing large blocks of shares in recent times.

  • The following is an open letter to Robert E Levy, chairman, Jamaica Broilers Group Limited:

  • Running Events Jamaica Director Alfred “Frano” Francis signs the symbolic cheque of $250,000 to the Jamaica Association for the Deaf (JAD) during the handover ceremony of part proceeds raised from the Everyone’s A Winner/The Best Dressed Chicken 5K & 10K race event held earlier in the year. Looking on are (from left) Dianne Ellis, director, Running Events Jamaica; Lorraine Kemble, brand manager, The Best Dressed Chicken; and Kimberley Sherlock Marriott-Blake, executive director of the JAD.