Fourth Mills Company officially launches civil works for its US$71M Al-Kharj expansion project
The event marked the start of construction on the major project, a strategic move to boost local production and enhance national food security.
SAUDI ARABIA – Fourth Mills Company (MC4) has officially inaugurated civil works on its Al-Kharj facility expansion, marking the start of construction on its SAR 265 million (US$71 million) project.
Held under the sponsorship of the Ministry of Environment, Water and Agriculture and the Public Authority for Food Security, the event underscores MC4’s strategic commitment to boosting local production and supporting national food security objectives.
The ceremony was attended by His Excellency Eng. Abdulrahman bin Abdulmohsen Al-Fadhli, Minister of Environment, Water and Agriculture, and His Excellency Eng. Ahmed bin Abdulaziz Al-Fares, Chairman of the Public Authority for Food Security.
During the visit, officials were briefed on the key elements of the expansion, which include a new wheat milling line with a daily production capacity of 750 tonnes and a feed plant capable of producing 240 tonnes per day.
These additions will raise the company’s total annual production to more than 1.34 million tonnes, reinforcing MC4’s critical role in the Kingdom’s food supply chain.
“The expansion project is part of our broader transformation strategy, designed to enhance production capabilities, support future exports, and create rewarding employment opportunities for talented Saudis,” said the company.
Prior to the expansion, the company operated multiple facilities across Saudi Arabia, with a combined daily wheat-milling capacity of 3,150 tonnes and feed production of 450 tonnes.
MC4 reported record revenue of US$170 million (SAR 629 million) in fiscal 2024, a 12.7% increase over the previous year, while net profits rose to US$46.17 million (SAR 171 million), up nearly 20%.
As part of its strategic plan, the company announced in 2024 plans to list 162 million shares, equivalent to a 30 percent stake, on the local stock market.
The Saudi Capital Markets Authority (CMA) approved the initial public offering (IPO) application.
Beyond expanding output, the Al-Kharj project is expected to enhance operational efficiency, strengthen supply-chain resilience, and support potential regional exports.
The feed plant is particularly significant for the Kingdom’s livestock and poultry sectors, ensuring reliable feed supply and contributing to stable production costs.
Strategically situated near Riyadh, the Al-Kharj facility is well-positioned to serve the growing domestic market while reducing reliance on imports.
The expansion is planned in phases, with the feed plant expected to be operational by the second half of 2026, followed by the new milling line in 2027.
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