Tuesday, July 28, 2009

Sanderson Farms to proceed with NC poultry complex

Sanderson Farms announced plans to proceed with its Kinston, N.C., poultry complex.
The company planned to invest $126.5 million for construction of a new feed mill, poultry processing plant and hatchery at separate sites in North Carolina in April 2008, but it was postponed due to market conditions and increasing grain prices.
The facility will reportedly have a poultry complex, which will employ 1,500 people, require 130 contract growers, and will be equipped to process and sell 6.7 million pounds of dressed poultry meat per week.
Construction, now billed at $121.4 million, is expected to begin later this summer, with initial operation scheduled to begin during the first quarter of fiscal 2011.

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