DANISH CROWN TO FOCUS CAPACITY INVESTMENTS ABROAD
April 14th, 2014
MEAT processing grant Danish Crown has warned meat industry unions that the pressure to pay higher wages in Denmark at its Danish meat processing plants means most future fixed capital plant expansion and capacity investments will take place outside its home country.The company had earlier announced plans to scale-up its pig slaughtering capacity by 20% to 25 million animals by 2020. Over 90% of this capacity is now expected to take place abroad, a prospect that is worrying trade unions and government officials.The Danish government, which recently proposed ...
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