Monday, April 26, 2010

Gold'n Plump Poultry moves forward at Arcadia processing facility

Gold’n Plump Poultry recently kicked off the construction of a state-of-the-art hatchery in Independence, Wisconsin, according to a company press release. The project has been in the works since 2006.
Purchased in 1993 from Arcadia Fryers to improve cost structure and better compete in its core markets, the company’s Arcadia, Wisconsin production facility will grow—under the expansion—by 22,000 square feet and 15% production capacity.
In addition to plant construction and working with Wisconsin-based Market & Johnson to complete it, the expansion is also expected to infuse continued capital into the local economy with additional yearly corn purchases of half million bushels from area grain farmers; barn construction; and the addition of more than 20 new family farm partners.
The company has reportedly invested an estimated $25 million dollars, with this phase costing about $13 million dollars. With the addition of local grower financing for new barns, it’s expected the overall project will bring about $53 million to the local economy.
“We’re excited to share the benefits of the expansion and growth with our team members and community—especially when times have been trying for a lot of people,” stated Michael Helgeson, Chief Executive Officer and third-generation in the family-owned business. “By strengthening the company, it means better business for everyone."

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