Cal-Maine Foods, Inc. Closes Acquisition of Egg Production Assets of Pilgrim’s Pride Corporation
08/10/2012 – Jackson, Miss. (Business Wire) – Cal-Maine Foods, Inc. (NASDAQ: CALM) today announced that it has closed the previously announced acquisition of the commercial egg assets of Pilgrim’s Pride Corporation (NYSE: PPC). The assets purchased by Cal-Maine Foods include two production complexes with capacity for approximately 1.4 million laying hens located near Pittsburg, Texas.
Cal-Maine Foods, Inc. is primarily engaged in the production, grading, packing and sale of fresh shell eggs, including conventional, cage-free, organic and nutritionally-enhanced eggs. The Company, which is headquartered in Jackson, Mississippi, is the largest producer and distributor of fresh shell eggs in the United States and sells the majority of its shell eggs in approximately 29 states across the southwestern, southeastern, mid-western and mid-Atlantic regions of the United States.
Current news & stories
- Robeks Offers Major Incentives for Veterans and Franchisees Robeks is offering Veterans an initial franchise fee of just $10,000 through July 1, 2014.
- Greenfield Farms Food to Close on Carmela’s Pizzeria Acquisition Greenfield Farms Food expects the deal to acquire Carmela's Pizzeria to close on June 5, 2013.
- Muller Quaker Dairy Joint Venture Combines PepsiCo's and Theo Muller Group's Expertise The joint venture between Theo Muller Group and PepsiCo will bring a new yogurt plant to Western New York along with 180 jobs.
