PROJECT

Projects

Summary of Investment Information

Project Number

37803

Company Name

Norson Holding, S. de R.L. de C.V.

Date SPI Disclosed

Dec 22, 2016

Country

Mexico

Region

Latin America and the Caribbean

Environmental Category

B - Limited

Status

Completed

Last Updated Date

Jun 12, 2021

Department

Regional Industry MAS LAC & EUR

Industry

Agribusiness and Forestry

Previous Events

Approved : Feb 8, 2017
Signed : Apr 28, 2017
Invested : Jul 12, 2017

Sector

Other Animal Production

Project Description

Norson Holdings, S. de R.L. de C.V. (Norson or the Company), an existing IFC client, is one of the largest integrated pork producers and processors in Mexico. Norson is a good portfolio client with a key global strategic partner (Smithfield) which plays an active role in the Company’s operations. The project will expand and upgrade operations of Norson. The project includes (i) expanding Norson's production capacity, (ii) developing the required new farms for capacity expansion and adapting some of the existing facilities, (iii) increasing slaughtering capacity at the processing plant, (iv) increasing its feed mill capacity; and (v) installing plastic liners at the waste lagoons.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation