Thursday, September 20, 2012
Calata Corporation started as a poultry feed store and as it slowly progressed, it became the best performing Initial Public Offering (IPO) in the stock exchange. It is run by the 31-year, Joseph "Josh" Calata, who is now known as the country's youngest billionaire and CEO of a listed company.
Joseph Calata is also into farming which is why, in the late 2011, he signed new agreements with San Miguel Corporation's Magnolia and Monterey to expand operations into farming. They invested six buildings where they aim to produce 9.36M eggs per year, 15 buildings for the broiler growing operations for 3.8M chickens per year, eight buildings for the breeding of 1,100 sows and 26,000 piglets per year and three buildings for 10,000 hogs per year.
The company has planned the farming operations very carefully. The poultry stages have four wherein the first step would be in the breeder farm where the chickens would lay eggs, which will then be transferred to the hatchery. As soon as the eggs hatch, they would be sent for the broiler growing operations, and finally, they would be transferred to the dressing plant where the broilers grown are dressed and prepared for sale to consumers. On the other hand, there would be only three hog stages. First, the sows are to produce piglets at the breeder farm and from there, the piglets would be grown until they are old enough to be processed for their meat.
Calata has also recently signed long-term partnerships with other leading manufacturers such as the country's top feeds brand which is B-Meg as well as with Syngenta and Monsanto, which is the world's top crop protection company and the world's top seed company, respectively. He also partnered with other multinational companies such as Bayer, Jardine, Dupont and Sinochem for their agro-chemical products. For the company's agricultural seeds, Calata collaborated with East West Seeds and Planter Products as well as with Swire and Viking for fertilizers. With these partnerships, Calata Corporation is now the biggest combined distributor of agro-chemicals, feeds, fertilizers, veterinary medicines and other agricultural products in the Philippines.
more news about Joseph Calata and Calata Corporation on http://agro-products.blogspot.com/