China-Biotics, Inc. (CHBT)

[viking86]

Mindboggling growth ahead: Jason Nevader's article "CHBT The Next Billion Dollar Food-Ingredient Company"

Excerpt re. the new Shanxi animla feed plant:

The articles states that the project should have annual sales income of 3.13 billion yuan (US $465 million based on the current exchange rate of 6.738 RMB/ US $1), employ 300 people and will cost $58 million. The plant will cover 55,365 square meters, take 12 months to complete, and will be able to produce 180,000 metric tons broken down into 100,000 tons of fermented animal feed, 50,000 tons of Bacillus powder, 20,000 tons of formulations, 10,000 tons of yeast, and 1,000 tons of lactic acid bacteria powder. The plant will become the first large-scale integrated microbial feed additives business in China

http://seekingalpha.com/instablog/691175-jason-nevader/93680-china-biotics-the-next-billion-dollar-food-ingredients-company