June 10, 2008
AgFeed opens 800th feed distribution store in China
Press Release
AgFeed Industries, Inc., a leader in China's premix feed and hog raising industries, has announced the opening of the 800th independently owned feed product distribution chain store in China.
The new store will exclusively distribute AgFeed brand premix products to end user customers including small and medium-sized hog farms and individual hog farmers.
Dr. Songyan Li, AgFeed's chairman, said, "as we approach the end of our second quarter, we have been experiencing record premix feed sales. We expect the growth trend to continue throughout the year. AgFeed has targeted a total of 1,000 stores exclusively distributing AgFeed products in 2008. We are on track to meet this target."