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Wednesday, 16 May 2012 02:30
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By Colin Sampson
Antigua St John's - The developing situation surrounding the proposed “Zacky-Mann” poultry farm project has taken a bizarre turn.
Information reaching Caribarena.com indicated that the Government of Antigua & Barbuda should do further investigation into the project.
Dr McChesney “Mac” Emanuel, chair of the Antigua & Barbuda Investment Authority (ABIA), recently announced that ground could be broken for the project before year-end. The initial announcement was made during the finance minister’s April 10 inaugural quarterly press conference, and forms part of the portfolio of projects aimed at generating investment for the country’s stuttering economy.
As outlined by Dr Emanuel and subsequently confirmed by Gregg Zacky, the project proposal entails an investment of US$75 M. The objective is to entirely satisfy Antigua & Barbuda’s appetite for imported frozen chicken, and export the rest to the CARICOM region.
According to Zacky, the project would generate 600 construction jobs at the outset, and 805 permanent jobs when full production is reached after a period of four years.
The plan calls for the establishment of 50 separate and dispersed 20-acre poultry raising modules. This will require 1,000 acres of land.
Now Scott Zacky, CEO of Zacky Farms and brother to Gregg Zacky, has contacted Caribarena.com to deliver a strong warning.
Scott Zacky questioned whether the proposed project can come to fruition. In fact, he scoffed at the idea.
The Zacky Farms CEO is urging Antigua & Barbuda authorities to carry out further due diligence investigations before committing the country to any agreement.
Making it clear that he has no knowledge of Ron Mann, Gregg Zacky’s partner in the venture, Scott Zacky painted an unfavourable picture of his brother Gregg (both are adopted into the Zacky family).
Scott Zacky questioned his brother's Gregg knowledge of poultry breeding or rearing.
He gave a list of his brother's past ventures, many of which he said ended badly.
The CEO is also concerned that any reckless misadventures involving Antigua & Barbuda might do damage to the family company’s name, built up over generations. He strongly urged local authorities to tread extremely carefully in dealing with the Zacky-Mann proposal.
Gregg Zacky has advised Caribarena.com that he and Ron Mann have sufficient capital resources to carry through the project as proposed.
When contacted by Caribarena.com, Dr Emanuel expressed concern at Scott Zacky’s remarks, indicating that due diligence had so far turned up nothing adverse relating to either Gregg Zacky or Ron Mann.
Dr Emanuel nevertheless indicated that the concerns of the Zacky Farms CEO would be taken seriously, and steps taken to completely clarify the issue.
Caribarena.com also did research into Gregg Zacky, and came up with little or no information.
See related stories:
39 Comments In This Article
Captain
Kangaroo
This is just a desperate
Concern citizen
RE: Zacky CEO Sends A Warning
Fed Up
utility and labor cost
SteadyJ
Chickens
Family Guy
RE: Zacky CEO Sends A Warning
Audrey Taylor
Common sense
The problem with them doing a farm in Miami or anywhere in the USA is environmental issues. They are clamping down on these type of farms and making all kinds of new legislations all througout the USA & Canada because of many different reasons the most important is the waste from the chickens which is very dangerous to the environment. Another problem is the animal rights activists are creating nightmares for those type of farms.
But they are aware that they can come here to the Antigua and get away with all that foolishness because as long as some politicians in Antigua see money and projects to go and take ground breaking pics for the next manifesto they are "good to go" ... they don't care about the future or the environment. Just money and power!!!
Wadadli Blogger
@ Tenman & Vicnes - Agricultural & Fishery Cooperatives vs FDI!
The Love of the "Big FDI Score" has crippled us, yet the Political & Financial Elites Persist. A&B lost $300M to the T&T Financial Scammers. Had that been invested Locally/Coopera tively in Poultry/Fishery?
There is so much that can be done by a Creative GoAB with everything we do on the seas if they think of Horizontal & Vertical Integration. Begin with Marine & Fishery Education. The Fisheries Complexes are not only underutilized but also poorly maintained. Look at the Sport Fishing Competition. A good Marketing Board would definitely be the way to manage the supply, production and sale of the catch. Go Well! Much Respect!
John French II
vicnes
..
tenman
vicnes
Quote:Now I am no expert on milling but quick research reveals, that this will require electricity. Unlike St. Vincent we do not have hydro electricity (20% of total energy in st. Vincent comes from hydro electricity). The cost of hydro per kwh is near to the average 13 cents us per kwh for electricity in the US, as of march 2012.(for hydro costs see Caribbean Regional Electricity Generation, Interconnection , and Fuels Supply Strategy – Final Report, chart on page 1-12 www.caricom.org/jsp/community_organs/energy_programme/electricity_gifs_strategy_final_report_summary.pdf
..
tenman
RE: Zacky CEO Sends A Warning
How can they not see this? Antigua can never compete with other countries with a rich land based agricultural sector but some of the richest seafood waters in the world are off the coast of Barbuda. Just ask the Japanese, Taiwanese, and South Korean fishermen that have traveled half-way around the world for decades to pick our pockets.
Vicnes
RE: Zacky CEO Sends A Warning
Obviously you did the wrong research. If you are researching business person's past ventures then the first place to dig is at his/her local chamber of commerce. Then go into their bank dealings.
SPEED BUMP
RE: Zacky CEO Sends A Warning
Vicnes
RE: Zacky CEO Sends A Warning
As for the chicken farm, in this heat REALLY!! As for having A/C to keep the birds cool we all know the cost of power from APUA, we would end up paying more for local chicken than importing them from the US lol
We Never Learn
Common Cents
..
tenman
...nothing new...
Jumbee Picknee
Zacky Farms
http://www.answers.com/topic/zacky-farms-llc
Zacky Farms really likes to talk turkey. It also likes to raise and process them. The company works at hatching, raising, and processing turkeys and creating turkey-based deli products ( turkey franks, turkey bologna, turkey ham, and yes, turkey salami). The vertically integrated company works from five locations in Southern California, producing its own feed and operating a distribution fleet. In addition to products from traditionally raised birds, Zacky Farms offers "100% natural," free-range turkey products. It supplies grocery stores and makes items for companies in the foodservice sector. Founded by Russian immigrant Samuel Zacky in 1928, Zacky Farms was acquired by Foster Farms in 2001.
Officers:
CEO: Robert Zacky
President and COO: John Ross
VP and CFO: Marcus Currey
Read more: http://www.answers.com/topic/zacky-farms-llc#ixzz1v3dmofl1
MaeStro
INVESTOR
JEFFERS
There are more chicken stories
the truth
hope they heed the warning
jeb
RE: Zacky CEO Sends A Warning
Vicnes
Scott Zacky
2) http://articles.latimes.com/keyword/scott-zacky
3) http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=104x1545078
Jamason
RE: Zacky CEO Sends A Warning
DadliMan
RE: Zacky CEO Sends A Warning
Pellucid
@Tenman
Are you saying that simply because the cost of production in Antigua is higher than the US that we should not engage in production? You DO realise that there are other costs involved, such as shipping, insurance, and port taxes that would take effect? Even if it IS more expensive in the short run, in the long run it would be much more beneficial, due to the effect of jobs and the fact that the money spent would be re-circulating in the economy, among other things.
On the other hand, I certainly agree that the ABIA should conduct PROPER due diligence in ensuring that the business backers show their business plan and evidence of FULL FINANCIAL CAPABILITY in their ability to afford the project before even one square inch of land is turned over.
I have a bone to pick with you on one of the other topics you commented on, but that will have to take place sometime later as it would derail the thread.
Common Cents
Check with Ralph
markus
No lessons learned
Tobi
@ Jamason
a. If we are for somebody that person can do no wrong
b. If we are against somebody that person can do no right
Scott Zacky may not be a nice person - does that mean Gregg is any better?
Colin
watchful
Again I will repost from the story 2 days ago:
Quote:..
tenman
Antigua Take Heed!
Dig It
scrambled egg's mac style ...
Chef has finally found out what the yellow is in the UPP colors , its the egg on the face of PM. BS and Mac the jive (turkey) served "sunny side up". With all that sunshine the egg now smells rotten.. time for my beloved Antigua to wash her face.
Good Work!!! CA again.
Microwave Chef
It appears to be a family affair
One Zacky brother is bad mouthing the other brother so the deal is not done.
It does not matter which brother is right or wrong if both brothers are not on the same page we should stay away from this deal but maybe consider doing it ourselfs? I would personally like to thank the Zacky brothers for the great idea. Humm selling chickens why didn't we think of that?
JP Farnsworth
watchful
watchful
Due Diligence!
Mansour
Mac Emmanuel
Slapping Hand
checks
..
tenman
poultry distributor
Jamason
RE: Zacky CEO Sends A Warning
STEVE
Open Your eyes
when it comes to chicken farming.
Robinhood
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