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Monday, August 4, 2014
Perham Egg opens egg breaking facility in Ohio
Liquid egg producer Perham Egg has opened a new state-of-the-art egg breaking facility in Fort Recovery, Ohio. The company expects to process about 1 million eggs per day at the new plant with its current equipment.
With the new facility, the company plans to expand its capacity with the goal of breaking 3 million eggs per day within two years. Liquid egg produced at the Ohio facility will be sold to large companies who further process the liquid, which may be converted to powder or further processed to meet the demands of large institutional customers. About $9 million was invested in the new plant.
“This new state-of-the-art egg processing plant significantly expands our egg industry operations,” said Elam Baer, CEO of Perham Egg’s parent company, North Central Equity LLC.
This expansion leverages North Central’s already substantial institutional knowledge of the egg breaking industry. The company owns another plant in northern Minnesota, Perham Egg LLC, which has been producing liquid egg for two decades and has an established industry reputation as a high quality supplier of liquid egg to some of the largest egg processors in the country.
Minneapolis based ExMarq Capital Partners is a co-investor in the Ohio business, and Farnum Street Financial participated in the equipment financing for the project.