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Nippon Ham plans to invest $250 million overseas

Cattle at the farm of an NH Foods subsidiary in Australia.

OSAKA -- NH Foods looks to quintuple its investment overseas through March 2018, fattening operations in Turkey, Australia and elsewhere to feed growing meat demand in emerging nations.

     The meat producer also known as Nippon Ham plans to invest 30.9 billion yen ($250 million) in facilities abroad from fiscal 2015 to fiscal 2017 -- roughly five times the amount spent in the three years through this past March. Investment at home and overseas will total 147 billion yen, for a roughly 50% increase.

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